I posted this regarding CFP and it took the sc#@$#umbags to finally start writing article 5 mos. later..hence why i call them pseudo-journalists...
now they are attacking PHK and from the looks of it it was also 20 mos in the making, the last time it was selling at a 70% premium....
sad we can't get Mohamed and Slick Billy on an interview to address their phk pps falling like a 70 ft. oak!!
where are you men, hiding from the camera? hahahaha!! is your talented team only talented in your own minds! have you feasted so much now your just lazy lions and continue to just nourish yousrelf on that 1% fee for all money under management. are you too buys trying to come up with a new catch phrase to hang your hat on and have your underlings blow smoke up you rear!! hahahahah!!
doesn't seem like anyone in pimco is working for their clients, are they?
Slick WIlly you bought PTY ! at $19.33 are you going to start an artificial bubble on that as well? hahah!! you want us to pay more then a 20% premium for it...you abandoned your flagship poser phk fund? hahahahaha!!
maybe you have too large a team and its time to cull the team with men that are peforming also, what a novel idea!
DUMB F RETAIL you should be posting on the DIA messageboard to expose the underbelly of this racket, collude like they all do!!
Let us expand on the CORRUPTION and PONZI SCHEME that the ENTIRE CEF INDUSTRY is based on.
All of those who own CEF are in a bubble manipulated sector which allows all of the fund managers to have carte blanche to STEAL from you.
First step it to ask your broker, what does this mean?
Second step if he does not respond back with this, FIRE HIM IMMEDIATELY and don't let him and his FEE MONGER friends collect another dime.
This is what you ask:
What does it mean to give the CEF a near 90 day INTEREST FREE LOAN? If you purchase CEF at sweet part of the cycle for the fund they have an underwriter clause that allows them no to have to pay you for nearly the begginning of a cycle which in some cases can be 90 to 92 days. Sounds like a ponzi scheme type structure. Keep using the money to pay distributions with others money and not pay others. Then reset the equation to take your money out before the CEF manager and BROKERS COLLUDE to drolp the pps. If you believe them to be honest, well then make sure you leave your child unattended with every clergyman you meet, sure recipe for success then.
Next time you are at the Cornerstone, PIMCO or Gabelli (talk about a fee monger!), ask such questions!
Please share such topics of conversation at the dinner table and make sure you vote every Republican and Democrat back into office after they have failed us and think meeting a deadline is excellent work when this work should have been done years earlier.
I am tired of them and you should be also. We should be planning a politial COUP to save our children's futures. The Rothschids didn't mind interbreeding with first and second cousins to maintain wealth what do you think these other families will not sacrifice your families for their own gain. Time to stand up and start uttering words like a POLITICAL COUP at the ballot poles.
Share this with others else let them murder your children and grand parents futures and history.