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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 bigpocketsincon Feb 27, 2012 4:04pm
223 Views
Post# 19593432

RE: Accumulation today

RE: Accumulation today

PNYTF OTCQX is starting to see some activity, sitting at .14 there now. This thing looks like it's being milked and squeezed for cheap shares.

The loyal student

Li Yingzi, a member of the Communist Youth League and aspiring Communist Party Member on Renmin University campus in Beijing.

“Personally, joining the party means makes it easier to achieve personal success,” said Li Yingzi a 22 year old who has wanted to be a member of the Communist Party since she was a teenager.

Monday she will graduate from the bachelor of international relations program at Beijing’s Renmin University and will become a full member of the party, after an eight-year apprenticeship in the Communist Youth League.

The party says that 1.2 million of the three million new members who joined in 2009 were students. Ms. Li said that nearly everyone in her class of 150 at Renmin sought party membership though only 15 had successfully joined.

Perfect socialism is no longer something that can be achieved, she admitted. “But this is still a kind of motivation for us, a long-term goal.”

The above is from the Globe :

https://www.theglobeandmail.com/news/world/asia-pacific/five-chinese-citizens-on-the-communist-party/article2075476/

Not to mention how connected the Communist Youth League is !! They are already working with China Mobile which is China's largest mobile carrier on several fronts, here is one :

Junior firewall 1

The Chinese government seems to be strengthening the Great Firewall by the day, and now it has decided to build a ‘junior’ firewall to restrict minors in the country from viewing adult content online (I wonder if there is any adult content left on the Chinese Web, considering the strict measures that the government is taking to filter Web content).

The country’s largest telecom provider, China Mobile, is working with the Communist Youth League to build a ‘walled garden’ approach to block websites that are unsuitable to children. They have apparently set up discrete authorities to maintain the content standards on sites. Once the child filter is activated on a computer or mobile, only animation, video and educational sites that are suitable for minors will be loaded. Even some very popular games like The World of Warcraft may be blocked!

Many parents in China may be pleased with this new development, but the need for such high Web restriction is questionable, since much Net content is filtered already.

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I always believed the China veture would be secure and seperate from the rest of the Network, the entire business will be seperate operations, this approach will get Poynt in other closed Countries too. Bit of a stretch right now, but what we are looking at could prove bigger than many of the common names we know now in social media, mobile and online marketing.

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Please vote for Poynt https://www.cantechletter.com/2012/02/tech-revival-meet-the-high-volume-tech-stocks-of-the-tsx-venture-exchange/

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