Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
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

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
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

Cohen & Steers Tax-Adv Pref Secs and Inc Fund > Oil price mid-long term direction as sealed by recent data
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(0)
•••
Comment by mrpanickon Dec 09, 2014 4:30pm
150 Views
Post# 23212184

RE:RE:RE:RE:RE:RE:RE:RE:Oil price mid-long term direction as sealed by recent data

RE:RE:RE:RE:RE:RE:RE:RE:Oil price mid-long term direction as sealed by recent data
If I go further out on the Brent futures I see oil at 77 in early 2017 and getting back above 80 in 2018. The futures could be wrong, but they are one of the largest and most liquid markets on the planet so I think their guess is as good as any. I don't predict oil prices. It's above my pay grade. I just look at microcaps like PTA and TAO that are trading at less than 1.5X 2015 operating cash flow (at least as I calculate it) and say they are cheap. Those are the types of stocks I want to own and maybe oil will take care of itself and they will perhaps do a decent job of finding more.
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities