InvestorsHub Logo
Followers 253
Posts 28379
Boards Moderated 4
Alias Born 07/07/2004

Re: leftovers post# 756

Tuesday, 08/29/2017 8:58:30 AM

Tuesday, August 29, 2017 8:58:30 AM

Post# of 964
With ultra high yield stocks investors always think they can sell before the rout. But in reality they more often average down with the sinking stock. These gimmicks can go out of business, and they often do that in recessions. Sucker bets targeting retirees and the unsophisticated

Question: Why is PSEC having so many problems when the economy is booming?

Excellent SA article today on PSEC:
https://seekingalpha.com/article/4102581-prospect-capital-united-sporting-companies-driving-lower-nav-dividend-coverage?


______________________________________________________________
Because the Good Life is Just a Pump or Two Away

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent PSEC News