Gladstone Investment: No Margin Of Safety (Rating Downgrade)

Gladstone Investment Corporation (NASDAQ: GAIN ) managed to cover its base dividend with adjusted net investment income in the last two quarters, but the business development company has no real margin of safety reflected in its pay-out metrics anymore. A financial researcher and avid investor with a keen eye for innovation and disruption, as well as growth buyouts and value stocks. Keeping an eye on the pace of high tech and early growth companies, I write about current events and the biggest news surround ...