.crazylegs..

Evaluating a Negative View on American Capital Strategies

fxtrader07 - that "deepcapture" article is prefaced by Patrick Byrne, the straight up lunatic CEO of that awful retailer Overstock. What is he doing being a "reporter" for deepcapture, whatever the hell that is? This guy at one point was talking about Sith Lords and really weird stuff when a few shortsellers realized his company was awful and started shorted it.

Evaluating a Negative View on American Capital Strategies

What's interesting is that on Cramer's show last week a caller asked him about the BDC space and he specifically mentioned ACAS in a positive light. He did say that he just couldn't do (or wasn't willing to do) the homework to really understand their portfolio and on this basis he stays away. BUT he did day if you can do the homework and feel comfortable with the portfolio then go ahead.