Sep. 14 at 1:44 AM
@howardbrinks @Stocktwits
$SSSS Suro Captial is a very unique security that gets no respect or attention, unless they own a popular pre-IPO stock. I have followed since
$FB IPO, when it was named
$GSVC Global Silicon Valley Corp, and ran into the
$20 range. They tend to trade at 50% NAV. They invest in pre-ipo companies and dish out cash dividends like a VC REIT when IPOs succeed and sometimes raise capital to invest, like when they raised money after the spike with the
$PLTR IPO years ago. It paid out some 70% in dividends in 12 months during the last IPO boom. It's up from ~
$4 lows to
$9.45 after Corewave IPO success recently.