% | $
Quotes you view appear here for quick access.

AllianzGI Convertible & Income Message Board

  • scurpapa scurpapa Nov 14, 2012 2:15 PM Flag

    selling very close to net asset value today

    share price down almost 4% im sure the nav will be down no where near that amount. yield over 12%... a good day to buy some ncv!... just leave some dry powder if we get a market panic

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I know what you mean. This stuff goes up and down in cycles. I wish I had some dry powder to get into this one as the premium drops to match the NAV. I've been in NCV since 2004. Wondering if they will announce a special dividend again this year. Everyone thought I was crazy last year when I asked the same question on the board. This will be the 3rd consecutive year if they do announce. Crossing fingers :) Have you seen PHK, that sucker dropped big time. It was always a high flyer with major premium. Coming down to reality I guess.

      Sentiment: Strong Buy

6.0807+0.1007(+1.68%)2:52 PMEDT