New America High, Fund Inc. (NYSE:HYB)

CAPS Rating: 2 out of 5

Diversified, closed-end management investment company with a leveraged capital structure. The Fund's investment objective is to provide high current income, while seeking to preserve stockholders' capital.


Player Avatar thestockstalker (< 20) Submitted: 1/25/2009 1:15:04 PM : Underperform Start Price: $3.00 HYB Score: -48.96

Not that this is a bad stock per se... the dividend is actually quite nice. Unfortunately, I rarely see a reverse split that leaves a stock with a higher price after a week, usually even a few days. I see this going below $4 in the near-term.

Featured Broker Partners