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Pimco New York Municipal Income Fund III V.PYN


Primary Symbol: PYN

PIMCO New York Municipal Income Fund III (the Fund) is a non-diversified closed-end management investment company. The Fund's primary investment objective is to seek to provide current income exempt from federal and California income tax. Under normal circumstances, the Fund invests at least 90% of its net assets in municipal bonds which pay interest that is exempt from regular federal, New York State and New York City income. The Fund may invest up to 20% of its total assets in investments the interest from which is subject to the federal alternative minimum tax. The Fund also invests at least 80% of its net assets in municipal bonds that at the time of investment are investment grade quality. Pacific Investment Management Company LLC (PIMCO) serves as the Fund's investment manager.


NYSE:PYN - Post by User

Comment by nitaisamuraion Feb 11, 2011 7:37pm
349 Views
Post# 18120792

RE:Desjardins ...naked shorting...watch out!

RE:Desjardins ...naked shorting...watch out!However, don't forget about the illegal capacity for the 'big boys' to naked short the stock. the tsx.v is notorious for this check out what happened to Tyhee Development TDC and Jim Puplava's excellent research into these matters on his website Financialsense.com. TSX Vulture Exchange...execution exchange...whatever you want to call it...danger! danger! danger! Will Robinson. nuff said...

RE: Well, when a compagny go public by issuing millions and millions shares to get some cash to operates.
The bigs guys (Banks & Brokers) are the first to grap these stocks and then they sell them gradually to the market, but don't worry their stock pile are so big, so it's easy for them to control the market.
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