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Prospect Capital Corporation Message Board

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  • nunthia nunthia Aug 31, 2011 9:59 PM Flag

    Can't have it both ways

    I don't understand your thinking.

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    • <I don't understand your thinking.>

      That's because the guy is a fear monger who doesn't know if he is coming or going. I think the guy wakes up every morning, puts his finger to the wind, and decides what he is going to post that day. One day he loves PSEC at $10 and is buying like crazy. Next day he thinks PSEC is a scam at $8 with a NAV at $10.36 and with projected NII at 27c+ per quarter.

      He thinks FSC (currently trading near $10) is great even though they are short of the divvy as well, missed their target like PSEC and with a NAV that trades slightly above PSEC at $10.70. Through it all, once thing is for sure: He NEVER, EVER has a losing trade, even though he was buying BDCs like MCGC, BKCC & FSC at the highs in recent months.

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