U.S. Bankruptcy Court Judge Robert Drain approved the sale today for $8.1 million.
I am getting so tired of these stinking markets and the rollercoaster rides. Team Yellen has now made themselves the center of attention. Bozo Boy Cramer wants to thank Janet Yellen. Welcome to the Twilight Zone!
Phil, the last seven years with a modern day Karl Marx in the White House have been a disaster. I still complain to the wife, my Supreme Commander, about Romney not winning. Her response is a terse "Get over it!" It still blows my mind that Obama had a Rose Garden Ceremony with Bergdahl's parents. The guy abandoned his post and hooked up with the enemy That nuts!
cancel191, aka Sagacious One, you need to put your thinking cap on. The purpose of the posting is to demonstrate how poorly FSC is doing.
for $6.96. As I ineptly type this, the stock is now selling for $6.29. It has pulled back by $.67. Factoring in the $.12 in dividends results in a realized decline of $.55. That is the equivalent of a 7.9% decline in approximately two months. I don't think that I will entertain the idea of getting back into FSC anytime soon.
I guess you mean AINV, as opposed to ANIV. The indicators (short,medium and long term) are all saying to steer clear of it. It was in the 7's back in July.
Alan Greenspan used to intentionally speak as ambiguously as he could with a dictionary in his hand to later figure out for himself what he had just said. He was a true master in his own right at playing games and confusing people. Just ask Senator and ex-pitcher Jim Bunning. However, Jumpin' Janet has become a virtual superstar in her own right in a relatively short period of time. Chair Yellen will react to how the markets react and then re-react like nobody's business. Ben Bernanke looks better to me all the time.
I quit watching Cramer a long time ago. I find him to be just too clown-like and disingenuous. His show tonight should be interesting. The Cramer of 2007 would package today's market action as having created a lot of buying opportunities, as opposed to dealing with reality and the near term risk. Perhaps the "Bear Stearns Kid" shows more integrity nowadays. I don't know.
If you go to Goo*gle Finance, there is an article which lists several firms/analysts with their ratings and share price targets. "Hold" with a $7 target is common now.
A webcast presentation will be available at the website.
I just picked up 1,500 more shares for $6.11. I am stopping at 3,000 shares this session. Mean share price is $6.125, excluding commissions. With commission inclusive, mean cost = $6.132.
I just picked up 1,500 shares@ 6.14. I want another 1,500, but will wait until later in the session. I last owned shares of FSC back on 5/28/15. I sold then for $6.96. FSC has sure taken a hit.
I will most likely purchase some PSEC later in the session. I'm waiting for TPVG to pull back into the $11.50 area and will buy some. (Admittedlyi It does concern me that it's so thinly traded.)