Exchange: NASDAQ·Updated 07:55 PM EDT
PSEC logo

PSEC Prospect Capital Corporation

$1.72
$0.10
(5.50%)
Today
Closed $1.72
$0.02
(1.16%)
After Hours
EarningsNov 5
Mkt Cap$971.55M
Vol6.95M

About PSEC

Prospect Capital Corp. is a closed-end investment company, which lends to and invests in middle market privately-held companies. It targets companies operating across a broad range of sectors. The firm provides debt and equity financing for buyout, growth, development, and recapitalization. It acts as a co-investor and takes controlling interest. The company was founded on April 13, 2004 and is headquartered in New York, NY.
69

Bullish Sentiment

How do you feel about PSEC?

psaunders
$PSEC I am gonna average down on this, just waiting for the long's angst to peak and start attacking everyone..that's always the best bottom indicator.
8
higrm
$PSEC I've put in an order at $1.74, that should guarantee the price doesn't drop that low. But if it does, I hope my wife doesn't find out. I just finished paying off my margin account. She's not happy when I have any margin balance. She's not a fan of "using other peoples' money".
4
DippityDoDa
$PSEC Huge Dumps all happening at closing bell.. Someone is trying to draw the chart they want traders to see. Easy manipulation to spot. Just wait until these people have to cover.. Already 6 days to cover and CEO buying more and more.. Keep collecting the Divvy and hold firm.
5
higrm
$PSEC Not sure what I hope to get out of this. A bounce back to 2 would be nice. Oops! It's going the wrong way.
4
P_Earth999
$PSEC Here I got a better idea F U 9 thanks for the fake bearish article. Thanks To CEO keep buying $$$
4
TheWoodpacker
$PSEC isn't it a bit weird that there are opportunities to get close to $2 per Month for every $100 you put in? It might change to maybe "only" $1.50 per Month - which is still high. Welcome to $PSEC. In 5 years from now I earned the amount of my investment in Dividends. (and more if I reinvest ...)
2
companyofone
$PSEC so nav is $1.80??? Get out. This thing is dropping like a brick for no reason. I’m just waiting for it to stop to average down. Like wtf
3
P_Earth999
$PSEC This is the reason why I am Super Bullish a old traditional company that knows how to preserve Capitol and prepare for the worst economy downturn and still never miss a single Dividends that how you become a millionaire. So if you believe in NAV Erosion wrong again wall street bec the CEO is buying up shares and retail investor are buying shares we all believe is $6 to $10 NAV
3
vettepat
$PSEC John Barry's endgame is an internalization buyout to cash out his private contract and save his personal 90M+ share fortune . The breadcrumbs are clear:The Accumulation: He just spent $2.73M cash to buy 1.2M more shares, crossing a 90.4M share milestone for total voting control.The Squeeze: They issued $1.5B in preferred stock, creating a toxic $106M annual dividend bottleneck ahead of the 2027 debt wall.The Pivot: He will play chicken down to the $1.40 range to hoard cheap shares. At the floor, the fee model fails and he will force PSEC to buy out his management company.Internalization kills the fees, saves the balance sheet, and forces a re-rating to $5.71 NAV . I am DRIPing my 300k shares into 766k shares over 5 years, betting entirely on max greed.
1
glizzskie
$PSEC I want to keep adding but the reality of another divi cut might be really real. What to do, what to do 😭

Advertisement|Remove ads.