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

Post by Ingiboyon Mar 18, 2013 12:32pm
403 Views
Post# 21145794

Surpirsed

Surpirsed

I am a bit surpised that PTA has not begun to move back up as we approach Q2. Anyone who follows this company knows that the production facility at Los Ocarros is close to completion and we will see an immediate spike in production from 4,500 BOPD to somewhere  between 6,000-7,000+. That coupled with the news on the La Casona-1 testing where oil was encountered in 4 zones. as well as natural gas.  Curiara-1 (El Porton) was spud Feb. 14th and should be reaching its terminal depth soon. It is going to take a large house to take a run at PTA to be the catalyst to start the run up. I feel once it begins, it should be very interesting.

<< Previous
Bullboard Posts
Next >>