Low of 8.94 for the last 52 weeks. Could be some last minute tax loss sellers still straggling in. Maybe a little pop after Jan. 1st, but I don't think anything great. Maybe get back over 9.30 by the end of the week. Not looking for much rise any time soon, but am happy to collect a 10.6% yield with little chance of a big down move.
I would not say it is a screaming buy. Good buy, yes. The problem is its current trading price of 9.21 is still lacking behind its 50D MA of 9.61 and its 200D MA of 10.24. It still lacks the upward momentum to rise above $ 9.30 and getting closer to 9.50. Before that happens, it will be traded at pretty tight ranges. If you already have a tons of FSC, it may be wise to wait to add more of it cheaper. I still believe there will be slight chances to buy it at below $ 9.10 but of course if the overall market is getting into a melt up mode in 2014, then FSC will continues to rise, after all, it is a good BDC at its current price.