FSC is a long-term hold. All should welcome a drop in price before each monthly dividend. Reinvest the dividend each month and it just does not matter if this stock stays depressed, even for a very long time. This downturn in price is a gift - enjoy it and sleep well at night!
Thx for the response, I had been looking at a few of these low cost high yield stocks and this one was recommended to me on the BKCC boards. I am still in the early stages of my investing so these smaller ones make me nervous ha-ha. I have core stocks like AAPL, MSFT, CAT, INTC, PG and a few others this would be my first "spec play" type investment.
Or am i looking at these type of companies wrong? are they not speculative plays?