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Pimco Income Opportunity Fund C Message Board

  • jforuus jforuus Jun 10, 2013 11:35 AM Flag

    Profits wiped out if you were using the DRIP

    Nice job Bill Gross and Company!

    Please warn other retirees.

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    • My profits haven't been wiped out doofus. Retirees need to be warned about jerks like you.

      If you're using dividend reinvestment, you want to be reinvesting when the discount to NAV is larger and when prices are lower. The whole concept of buy low, sell high seems to have eluded you. Those of us who have BOUGHT when prices drop and SOLD when premiums and prices were high continue to do well and have been adding at current prices.

      I'm sure idiots like you bought when the prices were high and now want to sell when prices are low ... or you would have done if you had anything to invest.

      So you're illiterate and simple investment math has swamped you pea brain.

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