Home > Boards > US Listed > Oil/Gas/Natural Energy Production > Sandridge Mississippian Trust (SDT)

I am a gambler so I have to

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
catdaddyrt Member Profile
Member Level 
Followed By 271
Posts 27,664
Boards Moderated 3
Alias Born 12/04/08
160x600 placeholder
catdaddyrt Member Level  Monday, 01/19/15 12:15:02 PM
Re: PENNYBUSTER post# 59
Post # of 97 
I am a gambler so I have to roll the dice


catdaddyrt Member Level Monday, 01/19/15 12:09:27 PM
Re: pete807 post# 1332
Post # of 1333

You are right, zero stability in oil prices and I bought unleaded gas at 1.65 this weekend - that's crazy good lol
Rigs are stacking, not just in the shale zones but here in West Texas also - most of the oil companies that I have friends connected with have given me reports of cut backs but no one is pulling the plug yet - a few are running business as usual and plan to do it all year - from what I can gather we have seen about a 10% reduction in drilling out here but I expect another 10% cut in the next 90 days - then maybe things will be bottomed and stabilize. Into the 2nd half of summer I think we see the momo start back up and by the end of 2015 back to wide open. We have oil & we are going to produce it - OPEC will just have to get over it. I have bought some bloody oil stocks for the long term and one of them also has a trust stock I bought along with it that pays a dividend off of royalty interests - so good luck everyone in 2015 however you play the market.


http://investorshub.advfn.com/boards/read_msg.aspx?message_id=110041858

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist
Consent Preferences