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William Packer

 
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  • William Packer
    After further review I am changing my mind on $ARCP. The stock is a buy in the 8s. I won't be buying any shares personally, though.
    Thu, 4:17 PM
    Reply (8)
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    • Yiwen Nni: Thank you for the free advice. Thanks god the world is still full of people like you. I just hope you will not be changing your mind again!
      Fri, 3:51 AM
    • pokalolo: Let me get this. It's a buy in 8s ,but, you'll wait for 5. hmmmm ********
      Fri, 3:59 AM
      • William Packer
        I find it interesting that $ARCP is down only 1% and change considering the dividend suspension and remands from credit facility to repay
        Wed, 9:57 AM
        Reply (6)
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        • William Packer: yeah I can't get behind this.. for the lenders to demand no dividend as part of the deal and credit facility max lowered. lenders are afraid
          Wed, 1:08 PM
        • William Packer: I got a buy-stop for my client up at $8.67 but i don't think it gets there.. if it does.. yeah i am wrong and they are stopped out.
          Wed, 1:09 PM
          • William Packer
            Prospect Capital And The Cat And Mouse Game $PSEC http://seekingalpha.com/a/1njx9
            Wed, 7:38 AM
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              • William Packer
                $ARCP suspends dividend for who knows how long. Recommend avoiding purchase at any price north of $6. $5 ideal price to purchase if possible
                Wed, 7:24 AM
                Reply (5)
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                • William Packer: No. I am expecting more selling. I think it could go to $5. I have seen things go to 15 cents on the dollar before... it happens.
                  Wed, 4:22 PM
                • William Packer: my client has a buy-stop at $8.67, so if i am wrong - I am wrong.. and i will gladly get out of the way.
                  Wed, 4:23 PM
                  • William Packer
                    $MCC and $PSEC not coming back for 12 to 18 months. Both stocks dividends to be stable. Valuations to remain depressed for considerable time
                    Tue, 10:17 AM
                    Reply (15)
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                    • dundey: Up off it's $9 low now. Analyst recently set $26 12 month target. Monthly div too
                      Wed, 1:52 PM
                    • William Packer: dundey, I am worried that LNCO will suspend the dividend entirely and the stock will plummet. Just be careful there.
                      Wed, 2:13 PM
                      • William Packer
                        $ARCP will cut the dividend by 30%, the stock could reach $5 to $6 per share. Buy then. Don't buy now. After the cut, it will slowly go up.
                        Dec 21, 2:12 PM
                        Reply (3)
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                        • William Packer: From $5 to $9 over a 12 to 18 month period of time. Because lawsuits have to settle out and managment has to prove themselves.
                          Dec 21, 2:14 PM
                        • pokalolo: Might see a one two punch as we might b 90 days from the FED making their call. She said a few months. I think 3 is it.
                          Dec 21, 2:22 PM
                          • William Packer
                            As I said this morning at 8am on another post, $MCC will outperform $PSEC from here. Sector as whole should continue rally.
                            Dec 18, 10:18 AM
                            Reply (8)
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                            • William Packer: There is always portfolio repayments.. those repayments are what drive new investment besides the equity capital/debt capital raises.
                              Dec 18, 12:09 PM
                            • pokalolo: I'll enjoy both... By 2015s end.. PSEC wins We shall check back :)
                              Dec 18, 12:09 PM
                              • William Packer
                                PSEC And The Cat And Mouse Game. Sector Relative Value.. http://seekingalpha.com/p/24e73
                                Dec 17, 1:27 PM
                                Reply (1)
                                • Aikman: Nice article, thanks William. I have a small position in PSEC and I'm considering changing to another BDC
                                  Dec 18, 5:47 AM
                                  • William Packer
                                    Oil rallies... $MCC bottomed... BDCs bottomed $BDCL. BDC sector will rally. $PSEC, $TCAP, $MAIN, $ARCC, $ACAS
                                    Dec 16, 12:12 PM
                                    Reply (1)
                                    • pokalolo: Clock it ticking 2015 is near and BDCL will find a loving home with us. A big home for a lot of BDCL
                                      Dec 16, 1:30 PM
                                      • William Packer
                                        Negative stigma of $PSEC under NAV offerings to push prices even lower, $MCC will recover first. MCC covered divy in q3.
                                        Dec 14, 9:58 AM
                                        Reply (4)
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                                        • pokalolo: The lPSEC leaders have stepped up with millions of there own $s.I'm into BDCL at these prices ,but, I'll add at 7.50 as a thank u very much
                                          Dec 14, 11:06 AM
                                        • William Packer: $7.50 would be a good buy point.. Good chance it happens... Be ready to add possibly.
                                          Dec 14, 11:53 AM
                                          • William Packer
                                            $MCC, $PSEC MCC is down to $8.70 in after hours.. investors in psec can almost do a 1:1 swap of their shares. Get like $3 extra NAV
                                            Dec 11, 5:15 PM
                                            Reply (1)
                                            • William Packer: MCC can't issue below book.
                                              Dec 11, 5:15 PM
                                              • William Packer
                                                $MCC 72 cents on the dollar.. think it's time to do a share buyback plan.... why make new investments when you can buy into existing @ 72
                                                Dec 11, 2:05 PM
                                                Reply
                                                  • William Packer
                                                    $PSEC, $MCC. CREDIT SUISSE INVESTMENT REPORT IS OUT FOR $MCC. $13 PT. Dividend covered and expects to be maintained at 0.37.
                                                    Dec 10, 7:15 PM
                                                    Reply (2)
                                                    • William Packer: See http://seekingalpha.com/a/1muqb link.. report summary is in the comments section. I posted there.
                                                      Dec 10, 7:16 PM
                                                    • Urbannek: Thanks for posting this. Long MCC
                                                      Dec 14, 10:38 PM
                                                      • William Packer
                                                        $12 target price on $ACAS, which is 0.15x p/b discount from peer group, as always.. no dividend and spin-off funds = external managed vs b4
                                                        Dec 10, 1:57 PM
                                                        Reply (12)
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                                                        • William Packer: think that $ACAS with all it's equity positions and unsecured debt .. etc.. is going to be ok so close to the same valuation...
                                                          Dec 10, 6:57 PM
                                                        • William Packer: If $PSEC and $MCC are suspect then $ACAS is suspect too. $ACAS will underperform $PSEC and $MCC in the future.
                                                          Dec 10, 6:58 PM
                                                          • William Packer
                                                            how is $ACAS good when $MCC is 75 cents on the dollar? it's not. $ACAS has huge downside risk. $PSEC 79 cents on dollar. These guys pay divy
                                                            Dec 10, 1:09 PM
                                                            Reply (18)
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                                                            • William Packer: ACAS will lose internally managedness.. and new funds will be external.. look at TCAP and MAIN. they trade at premiums because of internal
                                                              Dec 10, 1:54 PM
                                                            • William Packer: So once the spin off happens for ACAS.. kiss away the internal management premium too.
                                                              Dec 10, 1:54 PM
                                                              • William Packer
                                                                long 87,100 shares of $MCC. sold $PSEC. Swap complete.
                                                                Dec 10, 10:46 AM
                                                                Reply (1)
                                                                • William Packer: MCC dropping 6% on downgrade on analyst that said buy when it was 14+.. LOL. Ok. So wait for a 40% move and downgrade? way to miss the boat.
                                                                  Dec 10, 10:48 AM
                                                                  • William Packer
                                                                    $MCC is good vs $PSEC now. MCC off by too much... 5%+ vs PSEC decline of 1%. Too silly. I am back into $MCC at about $9.50
                                                                    Dec 10, 10:16 AM
                                                                    Reply (5)
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                                                                    • William Packer: 9.50 = 76 cents on the dollar
                                                                      Dec 10, 10:27 AM
                                                                    • William Packer: Someone has to have balls in this market. And you gotta take chances to make money. This is something you just got to hold your nose and buy
                                                                      Dec 10, 10:29 AM
                                                                      • William Packer
                                                                        The problem with $MCC is the 7.5% oil/gas investments and the additional 3% in mining. $PSEC only has 5% in oil/gas.
                                                                        Dec 9, 2:33 PM
                                                                        Reply (6)
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                                                                        • Rob1492: even with a good day today FSC still has 13% discount to BV...
                                                                          Dec 9, 4:24 PM
                                                                        • William Packer: I am not saying it's not a good deal... Just PSEC is a better deal. If p/b meets PSEC or better I will move from PSEC to FSC.
                                                                          Dec 9, 9:08 PM
                                                                          • William Packer
                                                                            Watch out below on $MCC. Might get slapped down to $9.70 from $10.00. Already it is falling apart. Traders are selling off to take profit.
                                                                            Dec 9, 2:23 PM
                                                                            Reply
                                                                              • William Packer
                                                                                WOOHOO... Made $6300 and change from $PSEC to $MCC swap and back again. Holding 102,760 shares now. Yeah.. so.... That's how it's done.
                                                                                Dec 9, 1:40 PM
                                                                                Reply (5)
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                                                                                • William Packer: yes rob, 102,760 shares. used to be 102k shares but I have extra 760 just because I traded out and back. Swap profits!!! :D
                                                                                  Dec 9, 1:44 PM
                                                                                • William Packer: Sucks though because I was hoping to get filled lower on PSEC.. but I drove up the price paying 8.33 to 8.38.. range.. =(
                                                                                  Dec 9, 1:45 PM