unless you have thousands of shares it is better to buy with a drip that avoids a brokerage fee for reinvesting. Vanguard charges me $7 to buy if I reinvest the divvie myself but it is free with their drip reinvestment program. So even if you get a slightly worse price it is OK because you don't pay the $7.
BINGO stocktracker! Iran, Venezuela, Russia, everyone is sell sell selling oil now at 70, 60, 50, 40 because they will really be screwed if they have to sell at 30 or 20. I am waiting for the nasty crescendo bottom that is sure to come. The Saudi's will buy up some shale plays early next year, you watch. Why sell their own oil now when they can sell us our oil??
please buddy, falling knife??? down 3-5% along with a genera market sell off is nothing. Go look at oil stocks if you would like to see a falling knife. I would call you stupid for the comment but you had enough sense to scoop up some cheap aapl shares so good job!
Look at SDRL, LNCO, ARP, for a falling knife, OUCH!
book value will be revised WAAAAAAAY lower unless oil comes back. I'm long but just saying...
it will be at zero if it keeps falling for months...big balls would be BUYING lnco near the close tomorrow, you don't have those
so full of bs it is hard to take. 25?? hahahahaha stooooopid
Good job doing your homework. AINV is in the same boat. If you are buying a BDC AINV is far superior to PSEC and on sale right now. PSEC has many red flags and is more or less a sophisticated Ponzi scheme. Good luck.