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 > CI Financial Chairman: Buy NOW Energy Companies With No Debt

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Comment by Deadcowon Feb 05, 2015 8:41pm

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Post# 23402112

RE:RE:CI Financial Chairman: Buy NOW Energy Companies With No Debt

MrPanick,

Its really nice to see you post here again.
its been quite a while since I last saw one of your posts. This board has been infested with idi*ts !!

Anyhow, PTA will never sell at these levels ! Management wouldn't consider an offer less than 0.70 CAD !!! And that's far fetched right now in these circumstances, so I can assure they will not sell and they are not looking for anyone to buy them out !! On the other hand they can of course easily takeover a small company like Petrodorado for peanuts and not put pressure on its balance sheet.

We need some positive news to come out of PTA !!
And even if we dont, the rebound in oil alone is good enough for this stock to easily double from here.

Cheers

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