Daniel Sermersheim

Financials Offer Patient Bulls Many Opportunities

I agree there are some great plays out there, especially for conservative type investors. I bought AINV last week at 14.82 and it is looking good. I also own PCAP with a very nice yield on it also. A lot of stocks were taken down on the interest rate and credit scare, but some were done so very unjustly. PCAP, for example, rates their credit risk each quarter on a scale of 1-5 with 1 being the best 5 the worst. They have never said they even have a 4 or 5 so the stock selling off on credit risk is completely unfounded. Oh well it gave me an opportunity to add at a cheap price and get a great dividend.