$21.00 price target by Seeking Alpha Markus Aarnio
No. PSEC will always slam your PPS with secondaries if you get 10% over book. If the management can get the book value up to $18 over the next two years than I could see $21 target as the market pricing in better growth prospects. How likely is that? Not very. More likely you will wake up tomorrow morning, 9/12/12 to a secondary offering equal to 10% of the common.