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that's your call but I personally think oil

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catdaddyrt Member Level  Monday, 02/02/15 11:56:48 AM
Re: Flashfan08 post# 67
Post # of 97 
that's your call but I personally think oil has bottom out at 45 and this should be moving up slowly with oil prices but there is a limited amount of well producing in this trust and no more will be drilled so as production slowly drops off the divi will continue to shrink over time - I want to hold this for this year and that is probably it - as SD comes up with oil prices later in the summer I will sell it, collect divi here a few times and call it good -this is my insane hedge against the parent company I bought that has serious debt and management problems - having said that it is way undervalued where it is trading today(SD) - look at the divi history here and you will see that it is shrinking over time but at this PPS it's a pretty good play now- if I had paid the higher prices in the past I would be pissed right now -lol

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