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.

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Pimco New York Municipal Income Fund III

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Comment by pkpotentialon Mar 20, 2011 2:53am

593 Views

Post# 18312093

RE: RE: RE: The 5-Star Rating of Poynt Corp @ TD w

I agree that Poynt will (most likely) never be anything near Facebook or Google.

You have to consider these facts though:

1. Poynt is a unique product. There is nothing really like this in any apps, and the competition that there is is very weak.

2. The company is growing at a nice steady rate, and so is the number of users.

3. Poynt is a very SIMPLE product. It's very easy to understand, and it's not a complicated business.

This is no pump & dump, which is the reason I have invested in this. I invested in Poynt because I understand the business, they have a unique product that many people will use ON A DAILY BASIS (that's the important thing), and they are steadily growing.

The people that are day trading this stock will do lousy, and the ones that hold it will do just fine. I am expecting great things.

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