your PSEC shares today when it reached its daily HIGH of 10.96 because it may not reach that high in the next 30 days. Now all the conditions are ripe for a sudden and unexpected market correction, probably would not happen at once and there will be ups and downs, but the longer a meaningful correction (6-8%) happens, the more severe it will be. You can count on it. Have you not noticed that the trading volumes for most stocks have become lower and lower while the market continued to make new HIGH?
Look at JNJ, its average daily trading volume for the last ten days was 9.78M, so far today it was only 6.87M. Look at AAPL, it went up some 3.18% so far today, but today's volume was 19.9M comparing with its daily average of 22.8M. For your beloved PSEC, its volume so far today was 2.08M comparing with its daily average of 2.8M. If these volumes continue to fall, it may signal a correction will be very near.
Better enjoy it now.....The good time for most BDCs will come to an end.....Don't say I did not warn you, LOL.
For one who kept buying ARR, you are probably one of the clueless investors who kept chasing yields? By the end of this year, you do need to mortgage your house to pay your margin calls. See what GREED can do to you?