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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 Deadcowon Oct 07, 2014 6:55pm
198 Views
Post# 23007935

RE:RE:RE:Buy high, hold low?

RE:RE:RE:Buy high, hold low?Ingiboy,

i feel your pain and agree with you. But I don't think management can really do anything now !!
with all the negativity around nothing will help !! I bet you if management come out tomorrow and say PTA is now producing 10,000 bopd, the stock will probably rally for an hour and end up flat or up a cent maximum !! And management did participate, Colin Wagner bought @ 0.37 and the Chairman & his wife they bought 1.8 million shares last week !! There's honestly not much that can be done now. If you're in the stock now, you just have to take the pain and ride it out. If you're lucky and have cash available on hand, I would buy at these levels and sell once we rebound if you don't want to commit too much of your portfolio to PTA. 
just my humble opinion

GLTA

Deadcow
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