PSEC is a good stock but it will soon plunge anyways. Why? Because the squabbling will continue and soon the market will tank.
To say otherwise implies a touching faith in American politicians which is rather unwarranted.
Of course I could be wrong but that would really surprise me. On balance I am 90% sure PSEC will break the $10 mark before 1st Jan 2013.
Can anyone tell me why I am wrong?
i can't say you are wrong but who cares what you or i think. this stock pays a dividend.
who cares if it pays a dividend if the price is falling?