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Non-Tech : Income Investing
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To: KEN2CWL who wrote (3363)11/2/2012 11:55:04 AM
From: MCsweet1 Recommendation  Read Replies (1) of 52056
 
Re: PSEC common

Just FYI, if this gets uglier into the close, I'd expect a rally tomorrow from the close price. This is my experience with failed stock offerings (by failed I mean an offering that trades below the offering price). You sometimes have a final surge of panic dumping on the close, followed by a rebound the next day.

MC
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