1. Wells Fargo downgrade
2. Cramer mention, not knowing anything about Prospect
3. All on ex day.
The downgrade was coupled with nothing of substance
Cramer had nothing to say
The only concrete we have is a -.11 due to capital pay out of the dividend.
This company is doing so well. The 1x book and over 12% dividend make it a MUST have in any portfolio
Sentiment: Strong Buy
Cramer has nothing to say EVER
Except when he goes to the commode to take a dump, he can always say "I've off to unload a Cramer Jr"
But not funny Artie Johnson!What you say makes one think there was inside information at Wells given to Crammer.How many shares of Wells Fargo are in C
How many shares are in Cramers' trust.
A bunch of hogwash. Do you even know why they downgraded so many BDCs at one time? Big money start selling off BDCs to take profit, that means your beloved PSEC will drop below 11 soon, of course you can keep buying as it drops.
Whoop, PSEC already dropped below 11, it will drop below its NAV of 10.81 and stay there.