Yelp! NDRO is crown king of the oil trust today. Being retired I always looking for a stable stock that PAYS good dividends. I want a stock to be stable in price with not much movement up or down and a s low volume to keep the day traders away. Low volume with keep them from manupilation I believe Enduro Royalty Trust (NDRO) is a perfect stock. The stock has 13 million shares outstanding that is available to the public, the rest of the shares are owned by the parent company. Stock pays a nice monthy dividend around 15 cents per share, and has a no time line when the trust will end. Price of shares believe will range from $19.00 to $21.00 per share for 2012 and into 2013 season . If Natural Gas goes up someday. Look out! Not to many investor know about this one. The parent company is ran by high quality Oil Men.
NDRO was under $17 in June and could go there again....the distribution in LOWER this month and you can see the volitiity in the past 2 or 3 days. I sold the last of mine at $19.30 and glad to be out.
By the way, all these trusts have an ending date!
I collected 2 distributions and made over $2 per share in gains in months....Sold some SDR $17.50 puts for $1.20 for March....that is 20 cents per share per month, just to wait for it to fall back to $17.50 for a real cheap buy and now I am getting MORE PER SHARE than you dudes will here at the current share price level.....