I've made most of my money buying on contrarain (sp) to market. A lot of retires are looking for losses to offset gains in other stocks. They're hoping to buy back in 30 days at same price but this has seldom worked for me. Other factors are, Wall Street hates RT's and MLP's now, oil is down from spring etc. Oil is up 5-7% so far this quarter and usually goes to highest at end of heating oil cycle. Most of us will wish we bought more in a year or two. Excellent long term dividend stock and definitely better than CD's.
And I just bought in at $17.77 the other day and it's done nothing but go down. It doesn't make sense. This trust is way undervalued - but I hate to see that I could have bought in at a better price. Well, I guess I'll have to wait a while to get my money back - but it should only be a matter of time with this high dividend play. It's kind of nuts that we're at something on the order of a 14% dividend. It's got to go up soon - especially once oil goes up again to $100+.
Just happens to be a seller in this one. Probably end of year selling... I buy on these dips. If the other trusts move up this thing will catch up at some point... there is nothing negative specific th this trust that I know of.
PLUS, another FREEZE warning in S TX. Tonight!!! Yea baby!