Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 75020780on Feb 21, 2015 12:53am
79 Views
Post# 23450638

RE:RE:RE:CIBC is the seller of 1,000 shares at C$0.125 at 15:59:59 !

RE:RE:RE:CIBC is the seller of 1,000 shares at C$0.125 at 15:59:59 !Are you a complete moron? A stock priced at different prices has the same probability or chance of going up or down by the same percentage. Since increasing from $0.125 to $0.40 is the exact same percentage increase as $1.25 to $4.0 - then yes it has the exact same probability; if you believe otherwise you are an absolute idiot.

If you would like to add some qualitative analysis; lacking any actual statistics, stocks in the dollar range are generally valued (and therefore purchased or sold) at higher earnings valuations than stocks in the penny range (regardless of market cap). So yes, maybe a share consolidation might be harmful to the share price in the short term (as per what generally happens in the immediate days post-consolidation), in the medium to long term, bringing the share price into a dollar range would bring increased confidence in a valuation, and therefore increased buying frequency to the stock.

Would you like good examples? Take a look at any oil company with a current market cap of say $500 million to $4 billion.

PGH was a $7 USD stock, it hit a low of $2.41, and as of right now sits at $3.28.

Using your logic, if it was a $0.70 stock that dropped to $.241 it would have a much better chance of returning to $0.70 than it does right now?

Clearly you are new to investing. I recommend you go here to learn: https://www.investopedia.com/university/stocks/stocks4.asp
<< Previous
Bullboard Posts
Next >>