Bottom-Fishing Play: Allied Capital
by Sam Collins  
Email This   Print Page 

Allied Capital Corp. (ALD) -- This private equity firm specializes in buyouts, acquisitions, recapitalizations, note purchases, growth capital and middle-market equity and debt investments.

ALD fell from more than $21 to $10.50 in about two months as a result of the financial sector's emotional sell-off. Bottom-fishers willing to take a risk in a BDC currently yielding more than 19% could find this gem worth holding.



Get Sam Collins' Daily Trader's Alert e-mailed straight to your inbox each morning before the opening bell absolutely FREE!

In addition to getting instant access to his Trade of the Day, you'll also receive, in the same e-mail, his Daily Market Outlook so you can start your day off right by positioning yourself for profits!

Click here today to sign up today for Sam's FREE Daily Trader's Alert!

Sam Collins can be reached directly at samailc@cox.net. You can also check out an archive of some of his most recent market outlooks by clicking here.

Does Dow Theory Hold?

Looking at Dow Theory can reveal what's going on beyond our usual internal indicators, sentiment numbers, etc.

Chesapeake at a Discount

CHK's recent new low does not alter its outlook; use it to buy shares at a discount.

Moving Right Along

The time-tested Moving Average Convergence/Divergence generated bearish indicators for the DJI, the SPX and the NYA.

Evergreen Under the Radar

Profitable solar energy stocks have often gone unnoticed and then exploded. ESLR could follow suit.

Lehman Brothers' Keeper?

Rumblings of an LEH takeover are sending waves through the market, though fewer traders are around to notice.