Uh, OK. I'm telling what i was told by ONE analyst. Go to Prospect's website and it will show you who covers the stock, the analyst's name and direct number.
By the way, I'm long 4000 shares.
I went to PSEC's website and looked under analyst coverage. I called one of the guys covering PSEC and asked him what he thought about the way it has been trading, etc. PSEC is down 14%, the average BDC around 10%...however, he doesn't think the dividend is sustainable...they are not earning enough to pay the current dividend, and believes an earnings cut is imminent. Also, his expected EPS for the quarter is 10% less than the average EPS estimates.
I know how hated I am on this board. People will make up aliases and post just to try and make me angry. They make all kinds of personal remarks.
I'm just a person, like the rest of you.
I like it.