I need a bailout's Instablog Multi-time master angler who also likes fishing for good trades in these marvelous UP and DOWN markets. I need a bailout http://seekingalpha.com Prospect Capital Corporation (PSEC) is a buy at these levels http://seekingalpha.com/instablog/202688-i-need-a-bailout/91843-prospect-capital-corporation-psec-is-a-buy-at-these-levels?source=feed 91843 PSEC has seen some insider buying and decent growth lately.   Annual dividend yield is 12%+ and I think this is a buy right here at $9.68. 

Debt to equity ratio is under 15% and they are benefiting from lower interest rates in their borrowing facilities.  While the NAV per share has declined recently, expect this to reverse due to their lower financing costs and increased investments.

PSEC is a closed-end investment company that lends to and invests in private and microcap public businesses.   Success hinges on a continuing recovery as with almost everything else.



Disclosure: LONG PSEC]]> Mon, 06 Sep 2010 08:58:51 -0400 PSEC has seen some insider buying and decent growth lately.   Annual dividend yield is 12%+ and I think this is a buy right here at $9.68. 

Debt to equity ratio is under 15% and they are benefiting from lower interest rates in their borrowing facilities.  While the NAV per share has declined recently, expect this to reverse due to their lower financing costs and increased investments.

PSEC is a closed-end investment company that lends to and invests in private and microcap public businesses.   Success hinges on a continuing recovery as with almost everything else.



Disclosure: LONG PSEC]]> psec Dividends Berkshire Hathaway - buy at 21% below current market pricing http://seekingalpha.com/instablog/202688-i-need-a-bailout/18335-berkshire-hathaway-buy-at-21-below-current-market-pricing?source=feed 18335 It has been noted by many that BRK.A and BRK.B have underperformed the latest market moves to the upside and are trading at low multiples compared to historical norms.  Based on these observations ... is it a good time to buy Berkshire Hathaway?

We are suggesting that perhaps the best way to purchase Berkshire Hathaway is through BTF and BIF, two Boulder funds that currently trade at 21% discounts to NAV.  If you check the historical spreads between NAV and market price for BTF and BIF you will note that they traded close to par in good markets.

Therefore our recommendation is to purchase BTF and BIF and leverage the market upside on BRK.A and BRK.B ... if you think there is an upside!  In December 2006 the discount to NAV on BTF was only 3%.

Appreciate your comments on this method for owning Berkshire Hathaway.  NOTE : this is not a pure play on BRK.A and BRK.B. 

We are long BTF and BIF.

 

 

 

 

]]> Thu, 23 Jul 2009 07:22:52 -0400 It has been noted by many that BRK.A and BRK.B have underperformed the latest market moves to the upside and are trading at low multiples compared to historical norms.  Based on these observations ... is it a good time to buy Berkshire Hathaway?

We are suggesting that perhaps the best way to purchase Berkshire Hathaway is through BTF and BIF, two Boulder funds that currently trade at 21% discounts to NAV.  If you check the historical spreads between NAV and market price for BTF and BIF you will note that they traded close to par in good markets.

Therefore our recommendation is to purchase BTF and BIF and leverage the market upside on BRK.A and BRK.B ... if you think there is an upside!  In December 2006 the discount to NAV on BTF was only 3%.

Appreciate your comments on this method for owning Berkshire Hathaway.  NOTE : this is not a pure play on BRK.A and BRK.B. 

We are long BTF and BIF.

 

 

 

 

]]> brk.a brk.b btf bif Berkshire Hathaway