Replies to post #665 on Prospect Capital Corp (PSEC)

[GMONEY4]

I'm gonna see how this finishes today and the rest of the week.

[ZorbaX]

Glad I didn't. I had it on auto-stop-loss at 8.57, made a minor profit but still sad. And it's still plummeting, 8.17 now. Yikes.

[bar1080]

You had PSEC in 2016, as well as May 2017 when you posted the quote at the bottom. What bothers me about about these ultra high yield stocks is the lack of of discussion of leverage and risk. And most BDCs are risky. Retirees, especially, should be very careful.

"I just added some at $8.65. I was expecting them to have a miss for the qtr."