I picked up 1,000 share of FSC today. I was contemplating adding to my position. It's been reliable issue, paying a decent dividend. I'd welcome the thoughts of others regarding this stock. Thank you.
I added FSC on their SPO per Glad yesterday. Added ARR outside Glad on the lows at 6.33(sorry, couldn't resist), and PSEC outside Glad on the lows of 10.82. Will continue to add inside of Glad parameters.
Hi Doc. I would expect FSC to have a decent advance from here, being fueled by the completed SPO and the anticipated May dividend "run up". In relation to ARR, I sold 2,000 shares last September 26 at $7.66 and haven't looked back. I just don't have confidence in that mREIT. I unloaded that RSO today, pulling the trigger too soon at $6.33. PSEC interests me. I will review it this weekend. As a retiree who was a math teacher at one time and in love with quantitative approaches focusing on historical patterns and statistical probability, I appreciate your endeavors. Good luck to us all!
Thanks for the input xxavatarxx. I was considering a relatively short term hold with a total of 3,000 shares being acquired. The next ex-dividend date is 5/13/13. Therefore, holding for the next dividend run up may be advisable and unloading it prior to 5/13/13. Thanks again.