#HYHRD: $PSEC – Is this a nice setup?



I’m Pat Rosenheim, a.k.a. the PandA Trader.

You may be familiar with a couple of my recent posts;

#HYHRD: $TCAP – Is now the time to buy, sell, or wait?


#HYHRD portfolio $DHY transactions since 2016

Well, In my most recent post, I referenced several websites from which you might be able to gather some information to aid you in your decision to buy, sell, or wait. I did manage to sneak in somewhat of a disclaimer, though;

All of the above can sometimes show incorrect information, or no info at all, so it is absolutely essential that you do your own due diligence!

Well, that becomes quite apparent when you reference those sites (and others!) frequently. Sometimes, you can get 2 entirely different “opinions” from the same site! The chances of getting different opinions increases when you compare website results from different websites.

As an example, Seeking Alpha can be very helpful as well as quite obtuse in their articles, posted by contributors on the very same subject.

This is very evident in the case of Prospect Capital Corporation (NASDAQ:PSEC). I’m not going into any detail, but let’s just say there are some detractors as well as supporters. Your “job” is to try to discern who is trying to sell you a line of BS to get you to subscribe to their “premium service” and who is actually giving you some good information. That’s very difficult, and it is pervasive on all sites I visit regularly, such as StockTwits and to a much lesser extent, investFeed (They do a very good job of moderating the #feed, keeping distractions to a minimum). But, the purpose of this post isn’t to bash any one site, nor is it to promote any one site. They all serve a purpose. Again, your “job” is to discern what is “good” info versus what is “bad” info. I can’t tell you what that is, but you’ll find it soon enough on your own, which is where that little disclaimer referenced above should become your mantra, if you will.

Here we have a couple of screenshots about Prospect Capital Corp., and it would seem to indicate that this might be a pretty good “setup”. I have a small stake in this one, and just picked up another 100 shares. Spare change, right?



The above 2 screenshots are from Chartmill.com, and I think they’re pretty good at what they do. I did not base my recent buy on this, though. Maybe I should have. Time will tell.

Now, let’s get back to different opinions from different, or the same, website(s).

Here’s a screenshot from Louis Navellier’s Portfolio Grader, showing some of my future purchases (I have already made my decision to buy these).


BDCL, CEFL, and MORL are absent because Louis doesn’t analyze them. Professor Lance Brofman on Seeking Alpha does, however, as do others there.

Now, here’s a screenshot from Louis Navellier’s Dividend Grader, showing those same future purchases (Again, I have already made my decision to buy these in the near future).


Notice any difference?

Besides the three ETN’s I already mentioned as being absent, so are SCM, SAR, and ACSF. But that’s from this part of his website, only.

His disclaimer;

The following symbols are not included in the nearly 1,000 stocks tracked by Dividend Grader and will not be saved: SCM, SAR, ACSF.
Dividend Grader rates common stocks or ADRs traded on the NYSE, NASDAQ, or AMEX exchanges, and must be listed for at least 1 year. These companies must have traded more than 2500 shares over the past 20 days of trading and the most current price must be equal to or greater than $1. Spiders and other popular ETFs are not included in the database due to the lack of fundamental data in which to grade them.

But, that’s not the only difference! Look at the disparity in the “grades”! Well, that’s a horse of a different color!

I just want to remind you that you should take all information you get with a “grain of salt”, and don’t let it leave a bad taste in your mouth. If you’ve done your due diligence and your reason for buying, selling, or waiting is sound then stick to it. Until things change. And change they will. For this is a very fluid area to be involved in, this investing stuff.

Good luck and navigate these waters safely!


I’m not telling anyone to buy anything or giving anyone any advice, because that’s illegal. You see, I have no letters after my name, like RIA, CFA, etc. I SIMPLY DO NOT GIVE ADVICE. I only tell (and show!) what I do. You, like me, are all alone in this.

And remember, always do your own due diligence!

panda_wildePat Rosenheim
(PandA Trader)
High Yield, High Return Dividend


About PandA Trader

I am, I think... "Disobedience, in the eyes of anyone who has read history, is man's original virtue. It is through disobedience and rebellion that progress has been made." -- Oscar Wilde
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