Why up even a few pennies is this P.O.S market? Were they expecting worse or does it reinforce that a change of management is a necessity? Thoughts?
agreed. buying the Aug 5"s.
Excuse me, the Aug 6 PSEC calls. Gives you about 5 + months.
I agree with what you said about the underlying story. I think PSEC management is committed big time. They have been adding to their own positions in a big way. I like PSEC for a trade to $8.50 with the May 6 calls. Very little time premium.
Don't be surprised if they keep the divi. Its only one quarter. Management will try and show they are doing the right thing. JMO. Better off buying PSEC. Good quarter and high short position.
Stock is acting well. Probably just from oil moving up in price. Would love to know when they will announce earnings.
...and decent earnings? PSEC surprised and has been moving up. Is TICC washed out and poised to go higher? Any thoughts?