Some people just can not stand the truth which is that in June if reconstitution becomes a fact a further drop to the 10.40-10.50 range is still a real possibility. Keep your powder dry except for trades. I last loaded up below NAV and just sold out at 11.02.
I would guess the big boys are doing nothing but moving PSEC out of the index funds and into other funds that don't require their holdings to be part of an index. (ie huge volumes we have seen recently with little price fluctuations.) As of today, PSEC would be a valuable asset to any portfolio. If it gets to 10.50 in the process, I may add more. A sure buy sign would be more insider buying imho. Take advantage of weak shares selling on a sound company. This is one way to make money from the market. I'm holding.
I was wondering the same thing as I was wanting to buy some for a trade and thought 10.85 was good until the S&P announcement then I lowered it to 10.80 then the russell announcement came out and it will linger til june 1 so not sure but I know that if it gets to 10.40 I load up but doubt it gets there without a one time event and the russell will be spread out too much.