Bought TICC.

I had some cash left over from my recent sale of Apple Inc. (NASDAQ:AAPL) stock.  I resolved to keep it in cash for a while.  That resolve lasted almost 24 hours.

Today I purchased 127 shares of TICC Capital Corp. (NASDAQ:TICC) at $9.74 each.

I love this stock.  It currently pays a dividend of $0.29 per share each quarter.  That's more than 11% each year.  Dividend-reinvestment in the past has resulted in me accumulating a number of extra shares without trying too hard.  For that matter, the dividend-reinvestment program through TDAmeritrade somehow purchases the shares for me at slightly below market value, which is especially nice.

In late 2011 I purchased 200 shares of TICC for $8 each.  At some later point I purchased another 120 shares, for a total of 320.  When I sold my shares in late 2013 I had 388.03 shares.

When I sold TICC I noted that I was concerned about their balance sheet, long term.  I'm less concerned now.  Cash flow looks good, and the company's cash to debt ratio doesn't look out of whack.  I suppose I still have some concern about the company's ability to keep paying an awesome dividend in the event of an economic downturn, but I'm also less concerned about an economic downturn than I was in late 2013.

This time around TICC is going to be a buy and hold.  Whenever I have some enough extra cash I'm going to pay the fee and buy some more shares and let them accumulate over time.

Sold AAPL. Bought SSP.

I sold my 71 shares of Apple Inc. (NASDAQ:AAPL) today at a price of $102.40 each.  I purchased 10 shares for $500.02 each back in January.  The 7-for-1 split in June made it so that I possessed 70 shares that cost me $71.43 each.  I received another share through dividend reinvestment over a few quarters. 

After fees I netted a profit of 44.9%.

For now I'm keeping a little in cash, but I turned around and sunk the bulk of my AAPL money into The E.W. Scripps Company (NYSE:SSP).  Again.  This time I bought 320 shares at $18.7963 each. 

I had previously purchased 135 shares of SSP back in January.  I bought 120 more in April.  I sold all 255 in May.  I netted a little over 12%.  I hope to do a little better this time.


SSP has increased revenue lately, largely due to political advertisements.  I expect they'll do well between now and November.  I hope to sell for $22 a share somewhere in that time.  SSP has already hit that mark a couple times in intraday trading in the past month.  If I'm right then I'll make over 15% for a relatively brief investment.

As ever, we'll see.

Sold TSLA. Bought LF.

I sold my 25 shares of Tesla Motors Inc (NASDAQ:TSLA) today at a price of $239.2399 each.  I purchased them for $181 each back in May.  After fees I netted a profit of 31.7%.

I turned around and sunk that money into LeapFrog Enterprises, Inc.(NYSE:LF).  I bought 968 shares at $6.3099 each.

I'm a parent now, and we own a few of the items manufactured and sold by LeapFrog.  I'm generally impressed by their quality.

Leapfrog announced quarterly results at 5PM on Monday the 4th.  They weren't good.

Leapfrog has millions in the bank, though, and so they'll be able to weather this through Christmas.  I'm betting that the coming year will be a good one for Leapfrog.

I'm also betting that today's plummet was an over-reaction.  The stock will have at least a dead-cat-bounce tomorrow.  I'll be tempted to sell.  But I'm planning to hold the stock until the market agrees with me that Leapfrog is going to have a good Christmas.  I don't expect that to happen tomorrow.