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

Sign In

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

or

Please Try Again {{ error }}

Send my password

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

Nuveen New York Quality Municipal Income Fund V.NAN


Primary Symbol: NAN

Nuveen New York Quality Municipal Income Fund (the Fund) is a diversified, closed-end management investment fund. The Fund’s investment objective is to provide current income exempt from regular federal, and New York State and New York City income tax and to enhance portfolio value. The Fund invests in municipal securities that are exempt from federal, New York state, and New York City income taxes. The Fund invests at least 80% of its managed assets in securities rated, at the time of investment, investment grade or, if they are unrated, are judged by the manager to be of comparable quality. The Fund may invest up to 20% of its managed assets in municipal securities rated below investment quality or judged by the manager to be of comparable quality. The Fund invests in various sectors, such as consumer staples, health care, transportation, and utilities. The Funds’ investment adviser is Nuveen Fund Advisors, LLC.


NYSE:NAN - Post by User

Comment by ogshowtimeon Sep 17, 2014 9:36am
159 Views
Post# 22943357

RE:RE:mudguy

RE:RE:mudguyI can see both sides of this discussion-- on the one hand as various people have pointed out, there was selling going on well before insiders could have known about actual results from the drill program. On the other hand, perhaps the technical guys indicated that the geology was so complex that a "home run" result was going to be unlikely during the coming drill season, because they would be doing more foundational stuff to understand the overall complexity of the system. No way we'll know.

All I know is that if you're long on this (as I am), there will be a breathless wait until next summer (note: sarcasm on "breathless"). No pain no gain I guess; the project still looks like a winner to me in the long term, let's hope patience is rewarded.

Cheers and good luck,

O.G.
Bullboard Posts