Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Pimco New York Municipal Income Fund III
Bullboard Posts
User Avatar Image
(0)
•••
Comment by hesuveron Aug 31, 2012 10:01am
194 Views
Post# 20283677

NO UncleHerbb

NO UncleHerbb

This situation is unusual.  There is an obvious covert move to takeover Poynt.  Poynt is an extremely valuable asset.

  1. Patents (ask Samsung about that)
  2. About to capitalize on the large potential contained in China and supported by the CYL and endorsed by the Chinese government.  (ask Google; Facebook etc about that)
  3. Have a firm foothold in India through the Times of India (launched 319 days ago)
  4. The potential that mobile holds with "Mobile Coupons"
  5. The addition of a "mobile wallet"
  6. The addition of Social Media Verticals

 Poynt is the mobile application of tomorrow.  Poynt is being squeezed by greedy parties.  

This DIP is the best thing for Poynt as it keeps this very valuable asset in the hands of its current shareholders (including me).  This is a stock that will soon run to 1$

 

So UncleHerbb stop attempting to scare anyone into selling.  Do me a favor and allow me to lose my money.  How about that for an argument for you to stop bashing for your principals (and they may be Intertainment Media and Socius).  

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities