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 on 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 moneydiggeron Feb 08, 2011 9:50pm

580 Views

Post# 18098796

RE: RE: Anyone else notice

All junior techs were battered to the ground. If you look at all the stock market, everything had gone up the last 6 months except for these tech plays. Most people are seeing this and buying large into them. Lots of juniors are way below there fair value. . Many of them were in the dollar range just a few years ago and were trading for pennies a few days ago. There is some good value in some of them. Most of those stocks were dead money so everybody left them. Now that there is interest, everybody jumps in at the same time cause we know many of these companies are worth much more. I for one like many want to jump on the train before it leaves.

Happy trading and check out ICS
awesome news at the close, similar company to PYN.
ICS traded over.$3.00 awhile back and was .04cents not too long ago. Crazy isnt it???

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