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Prospect Capital Corporation Message Board

  • smearjob smearjob Mar 7, 2013 9:11 AM Flag

    Don't trust this stock.

    Poor future performance.

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    • Now to be fair, you should list the reasons you believe why the future performace of this stock will be poor otherwise all of these folks here will accuse you of being me again. LOL

      Again, there are no bad stocks, only bad investors. No matter how great a stock is, if you pay too much for it, you will lose money in the long term. At this time there are really not that many BDC bargains left, I am watching NGPC closely, though it recently lost money in its last quarter, but its most recent NAV (anounced today) was $ 9.57 and it was currently traded at 7.12 with a yield very close to 9%. If it drops below $7, between the 5.80-6.60 range, I believe it will be a very good BDC buy. It will be affected by energy and I believe Oil will rebound soon. This one is worth watching. - The Real jade

 
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