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 hockeylad33on Mar 04, 2010 12:50pm
696 Views
Post# 16843391

RE: RE: Whats the status...

RE: RE: Whats the status... They are actually 5 year warrants expiring Oct 8th, 2014.  But yes, I agree they are a better leveraged investment. 

The charts are looking pretty dismal at the moment, but I consider it a good buying opportunity.   The main factors I find make this a great play are:
-Endeavour Financial backing (Frank Giustra)
-Managements (Pacific boys and others)

I think the dropping price is due to profit taking from some of the guys that got in on the 25 cent PP with a full warrant. 

Anyone know what kind of numbers they are hoping for at the Balay-1 well? 

hockeylad33

Bullboard Posts