Prospect Capital Corp (PSEC)

[jugs]

Thanks for posting the link. Like you, I was concerned that there might be a dilutive move afoot that was forming behind the scenes. Instead, this is a reference to a registration that was subsequently pulled and trashed. Apparently the Company was thinking of launching a secondary to raise money, possibly to cover short and/or near-term costs of responding to the number of lawsuits mounting.

Happily, it is not going to happen any time soon. And the lawsuits were all officially dropped, yesterday I believe the announcement was issued.

Good discussion, glad you spoke up.