While I'm not a democrat I disagree. You get one life to live and spending it working yourself to death is dumb in my opinion.
However this is the PSEC message board. How about we keep it psec related.
Personally I very much doubt it will drop below 11, but no one can truly know that. As I posted before I'm just holding what I have until I'm more sure what the stock market will do in the future.
I'd say Jade is a legend here. It's just he's a legendary #$%$hat. Been on here spouting #$%$ for years and made a reputation. If he gets off on people thinking he's a moron so be it. I blocked his #$%$ like a year ago.
Still kinda know what he posts though since I still read other people's posts and a lot of them are in direct mention of him.
It's whatever. You guys seem to call out his #$%$ so hopefully some newbie trader doesn't read his posts and think there's any merit to them, but I just ignore him. Block user has been kind to me.
How hard I it to understand? You buy and collect dividends and make a huge yield. I've held for years and I'm way up. No plan on selling anytime soon.
Sentiment: Strong Buy
Hey we're all here to make money. If that strategy works for them more power to them. I prefer to just ride the dividends and collect though. Who doesn't like making money by just sitting on your #$%$ and watching the days go by? That's the life for me.
I disagree, but to each his own. I'm all for the share price falling because that just means I get more shares/div.
Hardly call it overvalued though. This stock is amazing. Made tens of thousands off dividends and I'm way long with 12000 shares and adding every month.
Does yahoo message boards really hold that much weight? I mean seriously. I can't imagine how anyone could think that bashing or falsely pumping up a stock on here would affect stock price all but the most insignificant amounts.
I don't see why they'd do an offering until after NAV value raised up. They have 100% of their div payouts in income. Unless they desperately needs capital they'd make more and have to pay out less if they did an SPO at a higher price.
I just ignore users like jade. Obviously not really interested in discussing what's really happening with the stock and more interested in attempting to manipulate stock price for their own benefit. Although somehow I doubt these people do much to help themselves and do much more in hurting newbies who don't know that these people are just liars.
Although as a real holder of over 10000 shares of psec I'm excited about earnings. Should be pretty nice. Although I'm always conflicted about this stocks price. When it goes up my div reinvestment gives me less, but when it goes down I hate seeing my capital go down. Regardless psec is a great stock.