because "when interested rates rise to historical standards" they will be making no money and the folks they loaned to will be unable to survive the higher interest rates. Hello out there. We are NEVER going to return to higher interest rates as the US balance sheet and all the unfunded and underfunded entitlement programs (90% of all entitlements fall into those two category's) will collapse.
PSEC might have problems with some of their investments failing because of a horrible economy but NOT because or rising interest rates. The Fed might run a 1/4% just to try and make themselves look believeable but any more than that and they collapse an already shakey economy and they know that.
Walking is very healthy for a person. Losing your car is not the worst thing that could happen. Now losing your feet, that would be BAD.
Only the insiders get rich on these deals.
He who hesitates loses. Has plenty of senior staff operating the US offices. Rich is doing exactly the right thing.
to look pretty good. All the idiots who called me a stupid fool should take this opportunity to apologize.
Good luck to all us longs.
Wonder when they will price it. Thought it would have been done already. Must a low.
Seriously, if Cramer said to dump it, then it is in fact time to buy. The guy is almost never correct.
did not announce new share offerings. I don't feel too bad about today, but wish they would have announced such on a different day. Timing is everything.
I guess this means there is NO K-1 with this stock?
Actually history shows that double tops when spaced about one year apart, with the 2nd double top being at least 20% higher than the previous double top signals that a breakout is imminent within 5-20 trading days. JFYI
I thought of a new invention, the internet. Thankfully not everybody on it is a jerk like yourself.