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Apollo Investment Corporation Message Board

  • thewisejman thewisejman Apr 20, 2013 11:22 AM Flag

    You should sell AINV and

    other risky REITs and BDCs now, probably before this Friday when they will announce the Q1 GDP at 8:30 ET. You can probably sell half of your risky holdings and then await Friday morning and if the GDP is good and the market rises, then sell the remaining shares because in May, all these risky BDCs and REITs will have nowhere to go. You can go to the FSC and PSEC board to read some of the latest articles I had listed there, the authors of these articles did a much better job in explaining why they believe a market correction (5-10%) or a market crash (20% or higher) is imminent. Be warned. I believe AINV will drop below $8 soon.

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AINV
5.700.00(0.00%)Jul 25 4:00 PMEDT