Pacific Coast Oil Trust (ROYTL)

[steve7777]

Will be .30s

[steve7777]

Will be in .20s

[steve7777]

Sleeping giant

[steve7777]

Oil boom

[steve7777]

Could see $100 oil fast

[steve7777]

Oil over $73 I think we start paying debt down and return dividends

[steve7777]

Dollars will come

[steve7777]

.20s soon

[steve7777]

This should be $2+ stock

[maverick one]

It sure as heall did, like 2 year old temper tantrums.

[Scotttrader80]

OPECs hissy fit last year hurt a LOT of folks in the O&G industry

[maverick one]

Sad this went the way it did.

[steve7777]

YOLO LOAD THE BOAT

[steve7777]

Pressuring up

[steve7777]

Should be trading north of a dollar

[steve7777]

Oil $100+ sends us back to $2+

[steve7777]

All time high $20

[steve7777]

Zero dilution

[steve7777]

Any day now we will be going to .20+

[steve7777]

Sleeper

[steve7777]

Stinky pinky that will pay hugely

[steve7777]

Zero dilution

[steve7777]

Talks about $200 oil

[steve7777]

Oil play

[Renee]

ROYT changed to ROYTL. Delisted from the NYSE to the OTC:

https://otce.finra.org/otce/dailyList?viewType=Additions

[420man]

Ready for a move up?

[maverick one]

Shall be interesting

[jablome]

got 100, 2.50 calls, for 12/18 exp at .05 each

[muneeflo]

okay. after much bidding I am in, .47. looking to average if it goes down. It can move fast with some interest. Got to be in early to catch these.

[dawsons creek]

Should close above $.60’s today that will help to ascend higher

[muneeflo]

Heads up on ROYT, guys nice spike. Not in.

[Scotttrader80]

This one is toast, it wont come back, now with oil this low. Ive been watching it dropped down to a low of .20, recently popped to .34, now sliding back in to the abyss. There are better plays out there, just gotta find them. PVL perhaps?

[maverick one]

I was doing the same there lol yeah I agree

[maverick one]

The PR stated likely dividend not returning and trust could be dissolved in 21’. I don’t think they’ll get dividend back on track either. Some pretty doom and gloom wording IMO. This is a day trader or spec play - from here on out IMO. Until they release if ever any positive dividend news. Good luck to them raising any future capital as well if they need it. Real sad story here. Hopefully down the road - they right their ship financially. We’ll see. If they do - be a good div again.

[Scotttrader80]

I was flipping CEN too, had good action and paid a nice divy, they cut the monthly now going to quarterly so theres no monthly action to draw in a crowd.

[maverick one]

I agree - was an attractive dividend - but that debt pinned them to bottom of seabed off Pt Conception out in Santa Barbara Channel. It’s a real pity.

[maverick one]

Look at the massive volume occurring - rise up to low .40’s and once again camel backing down again. So is worse news coming regarding trust being dissolved or is there need coming that diva are being restored? Seems once again peculiar activity. If this is the way it’s going to be - looks like a day trading or a few day buy and hold and sell off highs. Weird deal imo.

[Scotttrader80]

They put out a PR about being heavily in debt so the dividends are off the table until they get a handle on that in late 2021. Its too bad, I enjoyed swinging ROYT banking bigger money than the divy

Ive been looking for a replacement

[maverick one]

But still - question is now will the trust dissolve in 21’? What are the chances, that they do not dissolve this trust and start paying dividends once again? Especially after the drop in barrel prices after Saudi vs Russia UFC fight?

[Scotttrader80]

retail is always the last to find out, check out $INTV

[maverick one]

Maybe. But check out the press release on august 22, announcing the Sept dividend right. Look at Sept 5 it was traded at $2.15. But after that - I noticed it had dropped after Sept 5 - up until that press release came out announcing no dividend. So it dropped from $2.15 on Sept 5, all the way down to $1.98 on Sep 30, the day the press release came out, with no further div - then it dropped straight off that cliff. I find it curious somewhat, that after 2 days of shareholders on record, as of Sept 3,but 2 days after that, on Sept 5 where it ended at $2.15 - it starts dipping - then on Sept 30, the bomb shell drops.

So it dropped from $2.15 down to $1.98 on Sept 30th? That’s a .17 cent drop. With zero press releases until Sep 30 - but the selling was well on its way IMO. So why did it drop after Sep 5, 2 days after shareholders on record were to receive the next div?

Not saying anything was out of ordinary - certainly not implying nor suggesting, that there was an advance sell off- however I found it interesting somewhat, that the PPS dropped after Sept 5- then kept dropping over that course of time, until that press release came out on Sept 30 saying no October div. but by then it had dropped and then fell off a cliff.

The PPS decline IMO, after Sept 5, did not reflect the trading of previous months over $2.00+. I always thought it was odd. Like why would it decline to $2.00 and then below, with no press releases with neg info? The stock was humming along, and then after Sept 5- it declined.



Mav

[Scotttrader80]

movement?

[Scotttrader80]

Consequently, no further distributions will be made to Trust unitholders until the indebtedness created by such amounts drawn or borrowed, including interest thereon, has been paid in full.

https://finance.yahoo.com/news/pacific-coast-oil-trust-announces-211500607.html

[Scotttrader80]

DOW dropped $1000 points today, Bitcoin lost $400.00 ROYT lost a penny. I'd like to see ROYT announce a .02-.03 cent dividend for March which will create a bull rush driving ROYT towards dollar land eliminating its delisting qualification creating more momo.

[Scotttrader80]

Institutions have been buying ROYT all month

https://fintel.io/sob/us/royt

starting new positions while adding to existing counts

March dividend calculation?

[Scotttrader80]

With the divy suspension for February I'll gladly take some .20's instead.

[JAMISON007]

Hang tight fellas

[Scotttrader80]

No BK, they wouldnt be calculating the March dividend if they were choosing BK, read the 8k

https://ih.advfn.com/stock-market/NYSE/pacific-coast-oil-ROYT/stock-news/81682516/pacific-coast-oil-trust-announces-there-will-be-no

[420man]

BK

[Lucas6493]

https://simplywall.st/stocks/us/energy/nyse-royt/pacific-coast-oil-trust?unique_symbol=NYSE:ROYT&l=1&t=gvzvat&s=1&id=286855&utm_source=post&utm_medium=finance_user<=CTA_ticker&utm_campaign=CTA_ticker


8.3 under the ownership breakdown segment