“FSC is the poster child for a poor-performing BDC,” says analyst Troy Ward of Keefe, Bruyette & Woods. “It’s been mismanaged for the benefit of the external manager.”
"If we rally, you need to sell something, raise cash, and get ready for lower prices," Cramer said.
Bought WMB @ $10.60.Looks messy, but hope to hold.Divy cut is a possibility.
ryojec, Welcome to the Lunar New Year...of The MONKEY!!!!
Don't rush the Monkey..... You'll get a better show. :)
Crude oil prices have tumbled by around 70 percent since 2014, the U.S. dollar has risen by around 20 percent against a basket of currencies.
With deflation, we can hang on to our strong dollars. I like neither.
Deflation is one of the least understood economic environments for investors, yet one of the most potentially devastating to the unprepared.
With oil and most commodities down, strong dollar, and low wages, deflation is the biggest problem in our
Therefore, I thank Mr. Phil !
PSEC is trading below a falling 50-day moving
average which confirms the weak technical condition. In addition, PSEC is below its falling 200-day moving average.
FEB 9th...hope springs eternal.....I'm about ready to cut bait on this one.