Apollo Investment Corporation (AINV) could, in the near future, survive and make a turn-around despite the present financial crisis.
AINV focus on investing in the following industries: business services, cable television, chemicals, consumer products, direct marketing, distribution, energy and utilities, financial services, healthcare, manufacturing, media, publishing, retail and transportation.
The positives are: price holding just above the 50 day moving average (dma), trades over 1.3 million shares/day, sells at a 35% discount from its 52 week high, insider buying, yields 12.9% dividends, P/E at 7 and a chart that shows a possible bottom.
The negatives are: financials continuing in a decline and/or a break below the 50 dma.
AINV is selling at about 15.61 and is worth keeping an eye on.