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Jefferies Group, Inc. Message Board

zoedach99 2 posts  |  Last Activity: Jun 15, 2014 3:57 PM Member since: Oct 26, 2003
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  • Reply to

    Why can't we dumb longs seem to understand?

    by sigallbenjamin Jun 14, 2014 7:24 PM
    zoedach99 zoedach99 Jun 15, 2014 3:57 PM Flag

    Sigal: Don't necessarily disagree, but I finally got out with a miminal gain because I've come to doubt management's statements. The president continually trumpets PSEC's low bad loan rate, with no loans made within x number of years on non-accrual. But then a company PSEC reinvested in two quarters ago goes bankrupt. If the president knew that one of his biggest investments was in trouble and continued to tout the "no non-accriual" mantra, that is just plain misleading. And, if he didn't know the investment was in trouble, then to me that is most damning. In any event, I decided I could not trust their statements. But good luck to all longs. PSEC is still an interesting company, just not one I feel comfortable with.

  • Reply to

    When does MONIF report earnings?

    by twomovehigher May 22, 2014 9:41 PM
    zoedach99 zoedach99 May 23, 2014 10:49 PM Flag

    Not that strange; they only report every six months, not quarterly.

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