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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (36011)6/21/2010 10:36:49 PM
From: Paul Senior  Read Replies (2) of 78656
 
Now that PSEC has cut its dividend and stock has fallen, maybe in future we'll see good news rather than more bad as regards the company. I'm in for a few shares as of today; will add more if stock drops further on no adverse news.

Persistent insider buying here, especially by Mr. J. Barry, Chair. and CEO, is a positive for me.
finance.yahoo.com

I'm guessing a lot of value investors or bdc buyers have been hurt by this stock now and in past (I'm one anyway), so reluctance of people to enter or reenter may be a factor keeping the stock price down. A positive or negative, I'll look at it as a positive---keeps entry price low.

Annualized new monthly distribution might be $1.21 or so, which would be about 12% on current stock price. Not sure what proportion will be return of capital.

finance.yahoo.com
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