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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 hesuveron Jun 13, 2012 2:46pm
646 Views
Post# 20009656

RE: This bothers me

RE: This bothers me

I think that you may be on to something thian. I am not seeing any adverts from Poynt and then comes ISIGN2IPHONE. Something looks suspicious and this may be some type of shakedown.

This actions gives a template to wooing investors. Learn Google. Learn Facebook. Learn Poynt.

Also I am certain that everyone got this mail from Stockhaus:

"Virtual" Vulture Fund of 85 cash-rich juniors
on 6/12/2012 4:11:23 PM
"Virtual" Vulture Fund of 85 cash-rich juniors: Stockhouse Ticker Trax

6/12/2012 12:56:03 PM | Danny Deadlock, TickerTrax

This week (as discussed late May) we are launching our Ticker Trax "Virtual" Vulture Fund. This table of 85 cash rich junior exploration companies on the TSX and TSX.V will be updated with new financials and relevant data every two weeks.

These companies have a minimum $10 million in net cash and investments (after debt) and the two tables are sorted by total cash and cash as a percentage of total market cap. As an example you can see with Canaco (CAN.V 0.32) where their $95 million in cash is worth almost 40% more than their total market cap. These often have very attractive risk / reward because the cash can be bought at a substantial discount. As markets recover or fundamentals evolve, the gains can be dramatic as these companies are typically the first to bounce back hard.

Financing is becoming very difficult for junior exploration companies and those that are well capitalized (as shown in our Vulture Fund) are in a very enviable position...


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