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Cohen & Steers Tax-Adv Pref Secs and Inc Fund V.PTA


Primary Symbol: PTA

The Funds primary investment objective is high current income. The Funds secondary investment objective is capital appreciation The Fund seeks to achieve its investment objectives by investing at least 80% of its managed assets (i.e., net assets plus assets obtained through leverage) in a portfolio of preferred and other income securities issued by U.S. and non-U.S. companies, which may be either exchange-traded or available over-the-counter. In pursuing its investment objectives, the Fund seeks to achieve favorable after-tax returns for its shareholders by seeking to minimize the U.S. federal income tax consequences on income generated by the Fund. There can be no assurance that the Fund will achieve its investment objectives.


NYSE:PTA - Post by User

Comment by BlueBullzeron Oct 04, 2013 4:58pm
345 Views
Post# 21792626

RE:Failed

RE:Failed
The thing I hate most about bullboards is the insane amount of misinformation.  Everyone has an agenda, and everyone wants to lead people's opinions.  This is a great company.  Is the stock price frustrating, and was the news less than perfect - Yes.  Is this news release responsible for your 100k in losses? *$&% No.  Some of us actually read posts.  I remember specificially that Winter2013 claimed he bought i think it was 2 million B warrants at 2 cents.  The warrants hit a high of around 21.5 last year with a mid term stabilized level of at least 15 cents.  So either Winter2013 is incredibly bad at what he does or he is incredibly full of garbage, and is currently bashing the stock in an attempt to buy at favourable prices.  Regardless the B warrants are still over 200% over his original buy price, so even if he bought normal PTA shares with all those funds at highs of 39.5 last year and sold at 30 cents this year he would still be in the green.  The only possible way he could be down is if he's been continuously selling down on day trades for a year.  In which case - Winter2013 please get a new profession for your own sake. This company has great management, and it will move up when it is time.  The patient and honest shareholders will be there when it does.
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