Take a look at Historical Prices ,looks hit and miss to me. Refineries partially shut down for maintenance in the Summer. Less demand for Crude and pump prices rise. I,m keeping a distance from refineries at the moment.
General I took a look at SPY for the same time period as PSEC Sept 2004 to present and SPY returned also twice what PSEC did. If your DRIP the Dividends SPY performed even better and a cheap Vanguard Mutual Fund would have done some better than SPY.
I crunched the numbers on PSEC in 2014 and from the IPO to that time PSEC has averaged a 4.9% annual return that is the Dividends minus the Capital loss. The average return is lower now. Have not crunched the SPY numbers for the same period as yet but I bet they are better.
I don't particurally care for Ackman but he will average out a winner over time but you will be a simple message board . Many people are cashing out of many Hedge Funds because many have done poorly of late.
General you have been hooked on hopeium for years. If you had invested in say SPY instead of A garbage high yield years ago you would have been way ahead and so would I . I learned my lesson.
I prefer a trend over chaos . I sold my last GARS @$10.425 ,bought at little GLD in PM and about 70% cash. Very glad for the market uptick to clear under water inventory .
Best avoid any stock where the management does not answer to the shareholders. Most REIT/BDC management act omnipotent. Best to surgical trade the garbage.
Staples has the consumer and small business office supply market sewed up in the Charlotte area. Two Staples in a 5-10 minute drive no OD or other competition except Walmart. WMT is the only big box that I trade.
Three cents is the magic number for LNCO,it was for YRCW anyway. YRCW went from 3 cents to 6 cents for a double without a Chapter 11 filing.