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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 HOBACon Mar 28, 2012 11:06am
333 Views
Post# 19727593

RE: RE: S.O.S.

RE: RE: S.O.S.

I do agree  it is being held down on purpose by big share holders and that will remain for a while I believe. In fact those shareholders with several million shares want the shorts and small shareholders to dispappear on a steep run up to who knows how high. One can safely say with the reserves held and some production, as well as new exploration to name a few reasons the big holders have nothing to worry about.

If the share price was not held down as suggested it could easiliy hit 0.50 in no time but at the same time  management could care less about small shareholders.

Patience friends we are almost there, management will have some releases when they feel they can make lots of money.

 

P.S. I am not happy the way management is treating us, but what can we do.

Good luck all.

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