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PCM Fund Inc V.PCM


Primary Symbol: PCM

PCM Fund, Inc. is a closed-end management investment company. The Fund’s primary investment objective is to achieve high current income. Capital gain from the disposition of investments is a secondary objective of the Fund. The Fund has the ability to invest in agency-guaranteed mortgage-backed securities, private label (non-agency) mortgage-backed securities, investment grade corporate debt securities, high yield corporate debt securities and commercial mortgage-backed securities. The Fund invests in asset-backed securities, non agency mortgage-backed securities, corporate bonds and notes, short-term instruments, loan participations and assignments, united sates government agencies, common stocks and other. Additionally, the fund may invest in credit derivatives, such as credit default swaps, and other derivative instruments for gaining synthetic exposures. It may invest without limit in securities. Its investment manager is Pacific Investment Management Company LLC.


NYSE:PCM - Post by User

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Post by ss1867on Mar 09, 2012 3:37pm
392 Views
Post# 19651049

LIFE OR DEATH ??

LIFE OR DEATH ??

Finally a NR is apparent....flip a coin, my guess is a reverse split and a financing. 1 for 10 looks like a new SP of 10 cents with 18 million TSO. Then a 25 million PP @ 8 cents with a warrant attached. But have no fear....back to a penny in no time. Just a guess, who knows with these guys....it`s not like they have been burning up the track in an effort to keep the share holders imformed. One in 500 exploration companies actually go on to be something.....I`m pretty sure I know what side of the equation these guys fall on. I dare management to prove me wrong.

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