Re: BDC Credit Rating Actions
The post (which I am replying to) on this board 3343. gave warning to dividend cuts and falling stock prices for this sector... and they are in the process now of coming true after just one month.
Hope the readers of that post profited.
There is still no safe harbor in this sector which I include the Mort. REITs and still too early to cherry pick a stock.
Yes there will be a time these stocks should be bought...but not now.
It will take time to overcome the damaged done to the mid size and small companies that pay on BDC loans.. . Some will just vanish from the economy.
***PinewoodsBear***