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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

Post by jbbigboyon Feb 17, 2011 11:02pm
352 Views
Post# 18155630

All this potential for only 21 cents a share...

All this potential for only 21 cents a share........I was talking to friends about PYN and was telling them to load it up and check it out....Not one has told me anything negative about it.
Bottom line is this ......  this market .... smartphone use and advertising ...is the next big thing in the tech. world.
Its new ..people will complain about the fact that Poynt doesn't generate enough $$$ and so on.....fine , let them complain.
This is not a pump and dump stock ...seen them before , been  a bag holder and also fortunate enough to ride the pump as well.
This stock price could certainly drop but the nice part about this story ....the product is DEVELOPED AND SUCCESSFUL !!!  There aren't any drill results or lab tests or assay results we are waiting for...etc.  
We will have over 10 million users ....US , Canada , Spain, Italy, Germany, UK  and ..... India.
You want growth....you found it....we're at 6 million users today...150,000 new ones daily....without India.
Any guesses at how many users we'll have in Dec. 2012 ??
Buy , Sell or Hold....I'm buyin' and holdin' !!! 
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