you do know they have a facility that has been approved by the FDA for manufacturing drugs, dont you.? so the only additional costs would be the staff for manufacturing and if they decide to market then a sales force. of course they could manufacture and farm out the sales to a partner,
the low was this morniing at 3.93 I sold the 7500 shares I bought yesterday at 3.97 for 4.10 today and rebought at 4.07 with more orders in below 4 lots more large share volume today so the stock should show better support as the small retailers are less of the picture.
I dont think you can put all SA writers in the same bag. One writer praises and another downgrades are two different people and not representing SA. The questions raised by LZG are very well documented which in itself is unusual for any SA article which sometimes is full of BS. AS I have always said it is in the loan business and loans dont increase in value only decrease. Therefore if PSEC is paying out all earnings it can not go up in value NAV except by very minor means. It would now seem that they have not been truthful completely in divulging bad loans. You have to realize these are not great loans when the charge 15% interest when I can borrow for 3.15% These are very high risk loans and I was always previously impressed with the fact they didnt have any non accrual loans, That seems not to be the whole truth now as divulged in the article and it has made me reevaluate whether I want to even get in at 10.50 The article did not say so but the facts of the article remind me of something called a Ponzi scheme. I am sure I will catch a lot of flack for this but if the author is correct then on the next economic downturn of any severity this could go to $6 and that will eat all your distributions up for many of the previous years. No one pays 12% without a serious reason. caution urged.
they are going to sell stock to buy back stock that is the stupidest prospectus I have ever seen.
on retail, I have been trying to buy 10k shares for hours and you see lots of small 100 trades even some 10 and 16 share trades, you dont see any large trades that would be Mutual funds or large investors, so it is the small trader that is running this around for pennies.
looks like it but you would have thought there would have been a PR on it, beginning to wonder I would rather see them put more energy on the two NDA's and the trials on other drugs to get approval.
first that large growth does nothing for the stock holder as it is done by inflating the shares just as rapidly. Who cares if it grows 100% in market cap if your share value doesnt grow or goes down. it really is a pumping useless or unknowledgable statement to make on your part.
well my luck has been running for 6 yrs now at that rate. I only invest in less than 10 companies at a time (currently 5) I do it heavily not in baskets and research them well, If I dont think they can grow 25% in the next 12 months I exit for greener pastures. I just got out of COP after 4 yrs of continued 24% returns. I bought Jazz at 56 june 13 and now at 157. better to be lucky than smart as they say. lol. the fact that you are heavily in this stock tells me you wont ever be lucky. This is a trading stock at best as I was told and come to believe over a year ago. That is the only way you can get 24% returns here. but it is a safe trading stock if you pick your entries and be patient. very defined range.
it is a negotiable rate and depends on the amount ;you borrow, if you borrow less than 100k it is higher than if you borrow 400k and it is at Ameriprise but you have to have a smart account which is over 500k in value. but on a smart account you pay no commissions on purchases over 1000 shares on stocks over $5. Even Eoption has a smaller interest rate than what you are paying, when it comes to brokers you really need to negotiate and shop around.
IT DOESNT do much for my feelings about Yahoo either every message board is infested with these non english speaking idiots all making the same amount and same #$%$. How ignorant can they be.