|Relooked at bdc PNNT and decided to return and establish a position. (Buying yesterday and today)|
Makes loans and has had to write down their values. Maybe not enough of a write down yet. Who knows? Or they've not experienced defaults that might occur. Company claims it's diversified:
The stock in $9+ range with nav at $12 discounts a lot of problems. Company founder is buying, albeit relatively small amounts. Not much public history with this company. Dividend yield looks to be over 9% (which is okay, but not great when compared to some other bdc's).