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Prospect Capital Corporation Message Board

  • instantwinbutton instantwinbutton May 2, 2013 4:04 PM Flag

    Sold 24000, hedge.

    05/02/2013 15:57:14 Sold 24000 PSEC @ 10.97

    Plan to buy back friday if we get a drop as traders unwind their positions to avoid holding over the weekend. I think we might get some bad market data friday that would create a buying opportunity. After earning come out i think we get upgrades and you can kiss the $10s goodbye.

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    • good luck, after thinking you were crazy last time you should catch less heck this time, lol. I tried to get out at 11.01 but only got a partial fill before it fell off and I didn't chase it down. I could see unemployment not showing what the rally rallied over today and causing that sell off and as You say there are a lot of people that unwind positions over weekends but I don't know if that is true here with earnings on Monday ( is that am or after market closes) I may double up if it is down enough tomorrow to 20k shares

9.58-0.05(-0.52%)Oct 31 4:00 PMEDT

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