ECA Marcellus Trust I (ECTM)

[pete807]

Nope,
Greylock was not mentioned and the reason the price is going up, is because of the recent .052 dividend,... annualized it is almost 21 cents. A dividend year that pays that on a .60 stock price... is easy math. Stupid low value, extremely undervalued.
If I didn't already have plenty I would be a buyer anywhere under a buck.

It should be easy to get that $1+ share price back, while Greylock has been using the extra money they state in their reports for funding more drilling, which they need to support the limited partnership we are in.

When the price of Nat Gas is as low there is nothing left for the partners. When it is $3.75- $4 there is plenty, hence the .052.
GTLA!
-pete