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.

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Cohen & Steers Tax-Adv Pref Secs and Inc Fund > Suspicious trades at the last minute from Morgan Stanley

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Comment by Poppson Oct 24, 2014 6:55pm

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Post# 23060008

RE:RE:RE:RE:Suspicious trades at the last minute from Morgan Stanley

My friend, I just have a hard time believing that $150 at the end of the day will matter.

If I promise to buy $150/day at the end of each trading session for a while, do you believe that I, singlehandedly, will influence price ?

What is current priice X average stock sales per day ? Maybe around of $650,000 ? ( = 2,331,000 average shares per day X $0.29 = $652,000 per day purchased). I'm not even counting US sales of PTAXF.

Do you really think that a few hundred bucks per day (be it at the end of trading or whenever) will really make a difference ? If so, lemme know. I'm in. Popps

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