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LaundryMoney

04/01/19 10:39 PM

#39339 RE: Blueheel1 #39332

your conspiracy paranoia is well founded. Today a one of the pimco closed end funds put out a news release at 5:10PM stating their monthly distributions, oddly enough one of the funds PHK slashed their dividend. Somehow the after hours price plummeted 4% BEFORE the news was released to the general public and continued to 8% down afterwards. I'm sure it was just coincidence.