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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

Post by AlbertaBankeron Feb 04, 2013 2:12pm
279 Views
Post# 20935451

Markets Irrational?

Markets Irrational?

I would agree with most posters today on their comments.

Maybe there is profit taking today or just an hangover from the previous well being a bust. I think the markets are being irrational with PTA.  This is a good news release.

I really think the LM field derisks this company, and provides solid cash flow for future growth. La Casona will be the next news update. I decided to put money where the mouth is and buy more PTA.WT.B warrants at $0.08 for 25,250 warrants. PTA.WT looks extremely cheap, somebody whos buys that today might make a lot of money should PTA get to $0.75 + later this year.

I think there is great value on the warrants considering the production facility coming on stream in April-May. Doubling the production from todays level should be a nice boost to the SP. We just have to be patient and wait.

Well enough cheerleading from me. Have a good day!

 

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