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 HedleyLamarron Jan 28, 2015 10:32am
124 Views
Post# 23371958

So what is the catalyst?

So what is the catalyst?What do the buyers and those averaging down see that makes $.14 the price?  You must see something fairly dramatic imminent.  It can't be that it is undervalued because PTA has been carrying that flag for months as the share price has been whacked.  To me, the only thing I can see is a significant rise in the price of oil, so that is the bet you are making.  However, I don't see oil prices rising until the dollar weakens, and I don't see the dollar going down in the near term.  If the dollar continues up, oil will continue down, and the PTA share price will continue down.  That is not bashing.  That is an investment varible that I favor strongly.  Therefore, I believe you will be able to buy more shares in the future with the same dollars you invest today.  I don't believe they will merge or be acquired near term.  The 4th quarter report could be a catalyst either way.  It will be the a good look at what has happened in the lower price world.  

<< Previous
Bullboard Posts
Next >>