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

Cohen & Steers Tax-Adv Pref Secs and Inc Fund > aquisitions

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Comment by Crotchon May 13, 2014 11:42am

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Post# 22555458

RE:aquisitions

arkmo1950 wrote: Parex makes an acquisition and the stock price soars, we make one and drop........................what's up with that?

Compare PTA and PXT. The answer is clear, in my opinion.

Parex has reserves, production, decent management, and an actual plan. PTA has declining reserves, limited production, and no real plan.

PTA's acquisition can be viewed as an act of desperation. The market doesn't like PTA, plain and simple. The reasons have been outlined ad nauseum, yet some seem to cheerfully ignore the reality. It's now Tuesday - 2 days after the 35 cent warrants expired: there is no volume, and there is no share appreciation.

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