you and I are alike. that Nick article was untimely. We are being artificially affected by russell and sp outsiders. I sent a letter to the SEC regarding the manipulation of the bdc's in general due to these indexes. It will earn its way out of this position. When it bottoms we can back up the truck. People get testy when their money is on the line
i went back and looked but didnt see a number its a guess anyway. we are below the 60 and the 200 day moving average
thanks. When it bottoms and starts back up there will a flood of late arrivers locking in the 13% in perpetuity. I can wait
How the disbursement by sp and russell and the business of PSEC are not connected. To say that psec will cut its dividend because someone takes it off the index is silly and meant to make your short position a winner. I hope you can make the dividend payments on your short position
headley: this situation has been explained before, PSEC has most of its sources with fixed interest rates and the money it lends is variable, meaning i think that if interest rates go up PSEC will benefit.
short sellers should know that sour grapes dont taste good, nobody reads these bb anyway. delete report
when a person buys the index some of that money goes to each of the stocks in the index. BUT on the other hand when they freak out and dump the index, then there is some selling pressure, Someone should get a link to the SEC so we can send our opinions like the article says
So they could short the BDC's? How is the not insider information?
that would be interesting since it would destroy his ability to grow his economy.
need to work on your english comrade
why are you saying about the uptick rule? Did i miss something is it back? I hope