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

Cohen & Steers Tax-Adv Pref Secs and Inc Fund > I'll take that bet Mrpanick

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Post by stockmysteron May 19, 2014 11:09am

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Post# 22575301

I'll take that bet Mrpanick

closes at .40 cents or higher at the end of the year taking into account a reverse split. So anything below and you will stop posting to this board anything above and I will. I didn't want to take your bet right away until the bet I had with winter closed and I see he is true to his word. I do have to say that in any case if they aren't at .40 cents after the merger and their 3 best prospects being drilled then this stock is a lost cause. We will see what the cash build has been which should be released with the first quarter results at the end of the month. No drilling until next quarter. Yikes! How cheap is this stock. Not cheap enough for PXT as they went out and picked up a private company instead of PTA along with more property. I hope the writing isn't on the wall.

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