TSLX, I noticed every morning after a early run up someone drops 40k+shares and drives the price down and then probably buys back all day. I shall try to beat him to the punch with 2k and see what happens . His #$%$ is mine:) Phil
Wisejman TSLX seems like a true winner that's having teething pain. I will trade it down a bit and hang on. I like it better than FSC & PSEC :) I was not whining about the pick just looking for some Insite. Phil
Mcfingers thank you for the reply. It seeks very positive and running under the radar with little history. I will trade a bit and hold the basic position. When the Dividend gets near late September and the shorts cover the situation should improve. Phil
This one that wisejman mentioned after it dropped 6-7% after a SPO. Iam now down a little over 5% and wonder if anyone has a thought on it. It's has little history but has very good earnings and yield. Some IPO owners sold there shares in the SPO and it looks like they are buying them back cheap. Phil
Probably not related,PFLT Pennant Park Floating Rate I started trading. Yesterday I put a high $14.38 sale order and it sold on the open. It seems to hit a couple of highs each month better that X-1. Phil
I have read Ras-Putin need $100 oil to balance his books. Just keep the pressure on the ultra wealthy Russians and Putin will eat a bad mushroom sooner or later:)
Three years ago I was a buy and hold while reading StealingAlpha,Cramer ect and did not do too well to say the least. Up until last few years buy and hold was a winner but no more. The only buy and hold that I would even consider is some cheap low cost Vanguard ETF on the next downturn. I cancelled my Low PSEC bid because I decided I did not want it. Best of luck to all and my advice is look for a good place to exit and let pennyone sell it to himself.
"The Truth ! They can't handle the truth". Only pumper posts are allowed on the PSEC MB. I have a low $9 order out and it suites me if never filled.
I started positions on two SPO MEMP and CPLP. They are regular trades and 90% winners. I did start them both a month early this round. BPL also had a offering but i don't trade it. Phil
Mr. Sjohns, the only presentation I can find for 2/23/2014 is the Response to the Barron's article. Can't find what you keep referring to. But what difference would it have made? If they had told you in February would you be a happy camper? If you are half as wealthy and brilliant as you claim ,you would have readied a solution instead of spending time on the #$%$-n-moan routine . Sincerely Mr.Phil2u
Does look that way. This looks almost too obvious. I normally buy less than 30 days before ExDay on QT stock so I can start a position with the SPO as I will this time. Phil