It has outperformed the S and P by 8% last 3 months, it is trading above 50 and 200 dma? It has gone up while markets are falling? How can you make that statement? "PSEC is not showing good price action"
I think the price action is great for a poor market day. it steadily went up until it hit that plateau at 11.43 and it could not break above like there was an enormous amount being offered at that level consistently. Not once could it break to 11.44 after moving up all morning. I will not be surprised to see that they sold a million shares with the ATM holding it at this level. tomorrow I might change my mind depending on the market and what happens but right now that is my gut.