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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 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.


NYSE:PYN - Post by User

Comment by airgoddafion Jun 03, 2012 1:26pm
231 Views
Post# 19975754

RE: RE: Hi CabbieJBJ - RE: RE: RE: nasdaq

RE: RE: Hi CabbieJBJ - RE: RE: RE: nasdaq

the only listings this co. is gonna get is a listing on the top 10 companies that went bankrupt in 2013. i'm saying these cats missed the pre-Facebook bubble to raise cash on favorable terms, now they are trying desperately to do so in these trying times for social media companies..... either they gonna dilute you folk into oblivion or they gonna run out of cash real soon....

 

their burn rate is far greater in depth than the surface implies, and shareholders will only be hairholders when it is all said and done.....

 

some of you longs are simply ridiculous in your optimism......

 

i say a better play might be to sell now and buy back at 4 pennies....... by having something more than fourskin than foresight to anticipate the dilutive future.........near term.

 

oh well.....as it says...dont worry be happy.

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