MAIN is down more than 20% over the last 3 months. I can not find any news to support this action. My only guess is that it has to do with secondary offering at $28.00. Otherwise, I am at a lost why MAIN would be so severely punished. BDCS has also not performed so well but at least it is holding up in its trend range. If anyone has any real news about the company or speculate why its value has taken such a hard hit I'd appreciate some insightful suggestions. I am not worried in the long term as MAIN is one of my core holdings, but sometimes there is information out there that I am not privy too...as the saying goes,...three eyes are better than two. Thanks
Looks like a reaction and over reaction to QE ending and future interest rate increases. Take a look at the MREIT AGNC and ARR they seem to be about finished . The BDC and MLP are in the of correction. It's not over yet. Also the MM needed a new pair of shoes.