OFS Capital Corporation, formerly OFS Capital, LLC (OFS Capital), is an externally managed, closed-end, non-diversified management investment company. Its investment objective is to provide its stockholders with both current income and capital appreciation primarily through debt investments and equity investments.
I'll keep this post brief. OFS has medium level quantitative score at around 6 or 7, and good analyst prospects with buy and hold ratings. The idea here is to buy OFS long from the potential reversal zone and hold until take profits. Sell half at 0.382 retracement and the other half at 0.618 retracement. Dividends pay +17% per share/year at this level. (I'd expect to hold this position for about a year) Gains are approximately 50% -100% at take profit targets. Cumulatively that's approximately 67% - 117%. Averaging those totals gives us approximately a 92% gain on this trade.