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	<title><![CDATA[joe eqcome Resources | BNET]]></title>
	<link><![CDATA[http://resources.bnet.com/topic/joe+eqcome.html]]></link>
	<description><![CDATA[White papers, case studies, business articles, and blog posts relating to joe eqcome]]></description>
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		<title><![CDATA[CEF IPOs: Don?t Be Duped, Be Patient]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F176467-cef-ipos-dont-be-duped-be-patient%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Joe Eqcome submits: Conclusion: With a wave of CEF IPO &#8220;opportunity&#8221; funds getting ready to be launched, history has repeatedly demonstrated that it&#8217;s imprudent to buy shares at the IPO. Such a purchase would be the equivalent of buying the stock at an unnecessary premium to NAV.  It is...]]></description>
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		<pubDate>Thu, 03 Dec 2009 02:41:06 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/us+market.html"><![CDATA[US Market]]></category>
		<category domain="http://resources.bnet.com/topic/joe+eqcome.html"><![CDATA[Joe Eqcome]]></category>
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		<title><![CDATA[Almost-Cheery Thoughts on the 2010 Stock Market]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F175234-almost-cheery-thoughts-on-the-2010-stock-market%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Joe Eqcome submits: So, we got through earnings season OK. Next Major Signpost: The next major issue confronting investors will likely be the impact of the government&#8217;s fiscal and monetary credit expansion on the economy. Will such a credit expansion lead to an increase or acceleration of inflation? What will...]]></description>
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		<pubDate>Wed, 25 Nov 2009 02:42:24 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/us+market.html"><![CDATA[US Market]]></category>
		<category domain="http://resources.bnet.com/topic/joe+eqcome.html"><![CDATA[Joe Eqcome]]></category>
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		<title><![CDATA[The Compelling Case for Converting Adams Express into an Active ETF]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F173209-the-compelling-case-for-converting-adams-express-into-an-active-etf%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Joe Eqcome submits: Adams Express Company ADX is a closed-end fund CEF that has traded at a persistent discount to its NAV. (For background on the case, see the previous report dated 3/2/09 entitled: &#8220;The Case for Tender, Liquidation or Conversion of ADX&#8221; pdf.) The unfortunate aspect of ADX&#8217;s persistent...]]></description>
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		<pubDate>Fri, 13 Nov 2009 04:21:12 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/etf.html"><![CDATA[ETF]]></category>
		<category domain="http://resources.bnet.com/topic/joe+eqcome.html"><![CDATA[Joe Eqcome]]></category>
		<category domain="http://resources.bnet.com/topic/adams+express+co..html"><![CDATA[Adams Express Co.]]></category>
		<category domain="http://resources.bnet.com/topic/advantex+marketing+international+inc..html"><![CDATA[Advantex Marketing International Inc.]]></category>
		<category domain="http://rss.financialcontent.com/stocksymbol">ADX</category>
		<category domain="http://rss.financialcontent.com/stocksymbol">ADX</category>
		<category domain="tickers">ADX,ADX</category>
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		<title><![CDATA[Pimco High Income Fund: A Swan Song]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F161384-pimco-high-income-fund-a-swan-song%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Joe Eqcome submits: Preface: I believe I have clearly stated my case with supporting data for the overvaluation of PHK. Furthermore, I feel there is nothing I can add beyond what&#8217;s been written.    So, this will be the last comment I have on PHK until there is...]]></description>
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		<pubDate>Mon, 14 Sep 2009 08:20:54 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/etf.html"><![CDATA[ETF]]></category>
		<category domain="http://resources.bnet.com/topic/joe+eqcome.html"><![CDATA[Joe Eqcome]]></category>
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		<title><![CDATA[PIMCO High Income Fund Cannot Support Its Share Price]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F160851-pimco-high-income-fund-cannot-support-its-share-price%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Joe Eqcome submits: Recent investors in Pimco High Income Fund PHK may not be as dumb as I initially suspected. That honor may be duly shared by Pimco and Bill Gross who may have placed themselves in an untenable position.   Consider the following: by Joe Eqcome]]></description>
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		<pubDate>Thu, 10 Sep 2009 07:05:01 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/etf.html"><![CDATA[ETF]]></category>
		<category domain="http://resources.bnet.com/topic/joe+eqcome.html"><![CDATA[Joe Eqcome]]></category>
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		<title><![CDATA[Credit Suisse Income Fund: Breach of Moral Obligation]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F158956-credit-suisse-income-fund-breach-of-moral-obligation%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Joe Eqcome submits: Conclusion: While Credit Suisse Asset Management Income Fund CIK may, or may not, be in breach of Regulation FD Fair Disclosure in the manner it which it disseminated information regarding its most recent monthly distribution reduction, it is clearly in breach of its moral obligation to provide...]]></description>
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		<pubDate>Sun, 30 Aug 2009 12:09:31 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/etf.html"><![CDATA[ETF]]></category>
		<category domain="http://resources.bnet.com/topic/joe+eqcome.html"><![CDATA[Joe Eqcome]]></category>
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		<title><![CDATA[PHK: In Search of the Premium]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F155627-phk-in-search-of-the-premium%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Joe Eqcome submits: According to Pimco High Income Fund&#8217;s PHK recent annual report, ninety-four percent (94%) of PHK&#8217;s portfolio, under FAS 157, is valued on a &#8220;mark-to-model&#8221; indirect pricing (&#8220;Level 2&#8221;) methodology. This means that PHK&#8217;s NAV is largely based on estimates generated by models developed by PHK&#8217;s advisor PIMCO...]]></description>
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		<pubDate>Wed, 12 Aug 2009 03:32:25 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/us+market.html"><![CDATA[US Market]]></category>
		<category domain="http://resources.bnet.com/topic/etf.html"><![CDATA[ETF]]></category>
		<category domain="http://resources.bnet.com/topic/joe+eqcome.html"><![CDATA[Joe Eqcome]]></category>
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		<title><![CDATA[Blackrock's Toxic Asset CEF: Buy in Post-IPO After-Market]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F152006-blackrock-s-toxic-asset-cef-buy-in-post-ipo-after-market%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Joe Eqcome submits: Conclusion: While the &#8220;toxic asset&#8221; investment story may hold significant investment appeal for retail investors, it is a well documented fact that a closed end fund&#8217;s CEF share price will typically trade to a post-IPO discount to its net asset value NAV over a 12 month period....]]></description>
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		<pubDate>Wed, 29 Jul 2009 12:18:46 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/etf.html"><![CDATA[ETF]]></category>
		<category domain="http://resources.bnet.com/topic/joe+eqcome.html"><![CDATA[Joe Eqcome]]></category>
		<category domain="http://resources.bnet.com/topic/blackrock+inc..html"><![CDATA[BlackRock Inc.]]></category>
		<category domain="http://rss.financialcontent.com/stocksymbol">BLK</category>
		<category domain="tickers">BLK</category>
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		<title><![CDATA[PIMCO High Income Fund Still Defies Gravity]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F150526-pimco-high-income-fund-still-defies-gravity%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Joe Eqcome submits: There appears no basis of support for PIMCO High Income Fund's PHK current share price other than a distribution yield that is increasingly becoming suspect. A significant source of PHK&#8217;s net investment income has come from its leverage which it has and is committed to reduce. ...]]></description>
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		<pubDate>Wed, 22 Jul 2009 09:54:57 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/etf.html"><![CDATA[ETF]]></category>
		<category domain="http://resources.bnet.com/topic/joe+eqcome.html"><![CDATA[Joe Eqcome]]></category>
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		<title><![CDATA[Exploiting CEF Market Sector Inefficiency with FOF]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F149523-exploiting-cef-market-sector-inefficiency-with-fof%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Joe Eqcome submits: Closed end fund CEF investors do not appear to price into their stock valuations an implied option premium or payment for potential capital gains or losses in the underlying investment portfolio that may materially impact investment returns. CEF investors appear to make their investment decision based on...]]></description>
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		<pubDate>Fri, 17 Jul 2009 09:20:23 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/etf.html"><![CDATA[ETF]]></category>
		<category domain="http://resources.bnet.com/topic/joe+eqcome.html"><![CDATA[Joe Eqcome]]></category>
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		<title><![CDATA[Insider Buying at BIF: Manipulation or Hallucination?]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F136648-insider-buying-at-bif-manipulation-or-hallucination%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Joe Eqcome submits: Dan Plettner has been blogging in great detail regarding his contention that Boulder Growth & Income Fund&#8217;s BIF incestuous relationship of BIF&#8217;s advisor and its control shareholder (&#8220;EHT&#8221;) have acted in concert for its own collective economic interest to the detriment of fellow shareholders. I thought his...]]></description>
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		<pubDate>Sun, 10 May 2009 05:49:19 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/financial.html"><![CDATA[Financial]]></category>
		<category domain="http://resources.bnet.com/topic/joe+eqcome.html"><![CDATA[Joe Eqcome]]></category>
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		<title><![CDATA[The Chile Fund: A Play on a Nascent Global Economic Recovery]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F132278-the-chile-fund-a-play-on-a-nascent-global-economic-recovery%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Joe Eqcome submits:    The Chile Fund CH may represent an attractive investment opportunity for investors more optimistic regarding the prospects of a nascent global economic recovery. The Chile Fund provides investors a &#8220;two-for&#8221;: an attractive way to play the recovery in emerging Latin American stock markets and...]]></description>
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		<pubDate>Wed, 22 Apr 2009 03:40:42 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/emerging+markets.html"><![CDATA[Emerging Markets]]></category>
		<category domain="http://resources.bnet.com/topic/materials%252findustrials.html"><![CDATA[Materials/Industrials]]></category>
		<category domain="http://resources.bnet.com/topic/joe+eqcome.html"><![CDATA[Joe Eqcome]]></category>
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		<title><![CDATA[CEFs Advance in a Holiday Shortened Week]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F130606-cefs-advance-in-a-holiday-shortened-week%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Joe Eqcome submits: Summary: All closed end (CEF) fund types advanced the week ending 4/9/09 in an undulating, holiday-shortened week. Average price appreciation of 13 CEF fund types was 1.6%, while the unweighted average for all 646 CEFs was up 1.4%. (On an unweighted aggregate basis, CEFs are up 7.4%...]]></description>
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		<pubDate>Sun, 12 Apr 2009 11:16:16 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/etf.html"><![CDATA[ETF]]></category>
		<category domain="http://resources.bnet.com/topic/joe+eqcome.html"><![CDATA[Joe Eqcome]]></category>
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		<title><![CDATA[CEFs Continue to Advance; Real Estate Funds Surge]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F129527-cefs-continue-to-advance-real-estate-funds-surge%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Joe Eqcome submits: Summary: Closed end funds' (CEF) average fund types continued to advance the week ending 4/3/09. A pattern of price movement again emphasized investors&#8217; willingness to assume greater risk&#8212;consistent with a 3.3% drop in the CBOE Volatility Index (VIX). Average price appreciation of 13 CEF fund types was...]]></description>
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		<pubDate>Sun, 05 Apr 2009 04:49:17 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/etf.html"><![CDATA[ETF]]></category>
		<category domain="http://resources.bnet.com/topic/joe+eqcome.html"><![CDATA[Joe Eqcome]]></category>
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		<title><![CDATA[CEFs in Cyclical Bottoming Process: Two Recovery Plays]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F127962-cefs-in-cyclical-bottoming-process-two-recovery-plays%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Joe Eqcome submits: Conclusion: After a six year relative slide in the Claymore CEF Index, closed end funds (CEF) may be setting up for a &#8220;run&#8221;. It appears CEFs may have completed a bottoming process relative to the S&P 500 during late 2008 and is now bumping up against its...]]></description>
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		<pubDate>Thu, 26 Mar 2009 04:03:47 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/etf.html"><![CDATA[ETF]]></category>
		<category domain="http://resources.bnet.com/topic/joe+eqcome.html"><![CDATA[Joe Eqcome]]></category>
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		<title><![CDATA[Fed's Decision to Purchase MBS Priced into Mortgage CEFs?]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F127197-fed-s-decision-to-purchase-mbs-priced-into-mortgage-cefs%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Joe Eqcome submits:   Conclusion: The Federal Reserve&#8217;s Fed most recent decision to employ $1.25 trillion of quantitative easing on behalf of the beleaguered housing markets should have a positive impact on the valuation of Fannie Mae and Freddie Mac mortgage-backed securities. This should have an affirmative consequence for...]]></description>
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		<pubDate>Sun, 22 Mar 2009 03:48:11 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/etf.html"><![CDATA[ETF]]></category>
		<category domain="http://resources.bnet.com/topic/joe+eqcome.html"><![CDATA[Joe Eqcome]]></category>
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		<title><![CDATA[RNP's Investment Strategy Is Inherently Flawed]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F126745-rnp-s-investment-strategy-is-inherently-flawed%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Joe Eqcome submits: I recommend that investors sell shares of Cohen & Steers REIT and Preferred Income Fund RNP and separately invest equal amounts of the proceeds in a real estate closed end fund (CEF) and a Preferred CEF for better overall returns. For its part, RNP should spin-out its...]]></description>
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		<pubDate>Thu, 19 Mar 2009 01:08:02 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/etf.html"><![CDATA[ETF]]></category>
		<category domain="http://resources.bnet.com/topic/joe+eqcome.html"><![CDATA[Joe Eqcome]]></category>
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		<title><![CDATA[Shareholders? Case for Tender, Liquidation or Conversion of Adams Express]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F123821-shareholders-case-for-tender-liquidation-or-conversion-of-adams-express%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Joe Eqcome submits: Conclusion: Adams Express' ADX shares have traded at an average monthly discount of 13.4% since  the end of 2003 see graph below and 6% greater than the average discount  (7.4%) of its peer group (see Graph 1). click to enlarge by Joe Eqcome]]></description>
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		<pubDate>Tue, 03 Mar 2009 06:17:28 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/etf.html"><![CDATA[ETF]]></category>
		<category domain="http://resources.bnet.com/topic/joe+eqcome.html"><![CDATA[Joe Eqcome]]></category>
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		<title><![CDATA[CEFs Down Last Week, But NPX Looks Interesting in this Environment]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F116633-cefs-down-last-week-but-npx-looks-interesting-in-this-environment%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Joe Eqcome submits: Summary: Despite the S&P 500&#8217;s YTD decline of 7.9% (1/23/09), closed end funds (CEF) were up on average 6.9%. CEFs benefited earlier in January from the appreciation of fixed income funds. Both single state and national muni bond funds performed well in early January. Equity orientated funds...]]></description>
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		<pubDate>Mon, 26 Jan 2009 11:43:14 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/etf.html"><![CDATA[ETF]]></category>
		<category domain="http://resources.bnet.com/topic/joe+eqcome.html"><![CDATA[Joe Eqcome]]></category>
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		<title><![CDATA[Closed-End Fund Discounts as a Predictive Investment Tool]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F109612-closed-end-fund-discounts-as-a-predictive-investment-tool%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[Joe Eqcome submits: Conclusion: In addition to CEF investors utilizing absolute discounts to net asset value [NAV] as a selection criterion, they should also consider the trend of such discounts in selecting both entry and exit points to maximize investment returns. Based upon the analysis of ASA Limited ASA, it...]]></description>
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		<pubDate>Mon, 08 Dec 2008 01:29:00 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/etf.html"><![CDATA[ETF]]></category>
		<category domain="http://resources.bnet.com/topic/joe+eqcome.html"><![CDATA[Joe Eqcome]]></category>
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