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Prospect Capital (PSEC) opens a new line for its investments: Real estate. The company puts...

  • Friday, January 18, 7:18 AM ET
    Prospect Capital (PSEC) opens a new line for its investments: Real estate. The company puts about $50M into APH Property Holdings which has invested in 3 properties - 2 multi-family, 1 industrial. For perspective, Prospect closed on more than $2.25B in deals in 2012. (PR)
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This news story has 3 comments:

  •  
    Value investors like myself feel isPSEC is way too high. Am hoping
    dont have to wait for correction to buy at less than $20.
    18 Jan, 10:39 AM Reply Like
  •  
    You can buy PSEC now for approx $11.30 with a 11.7% yield

    I'm long PSEC

    RMD
    18 Jan, 01:42 PM Reply Like
  •  
    Last trade was $11.27. Not sure where your $20.00 comes from??
    18 Jan, 05:57 PM Reply Like
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