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Permian Basin Royalty Trust Message Board

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  • amoore3186 amoore3186 Jul 21, 2008 7:11 PM Flag

    Just amazingly stupid!

    yeah, i trade this stock, always making sure to try to have it when the record date comes along.

    i've bought it at around $22 four times now in just the past four months and sold it when it got to around $26. FOUR TIMES. is that dumb?

    i'm only working in 1,000-share chunks, but it's been a 3 or 4 thousand-dollar hit every single time. not sure how holding it through these ups and down is smarter. but keep holding and trashing people who don't. that'll do you a lot more good.

    (and i think this is a good long-term stock, but to hold anything in this market is nuts when they are all stuck in ranges.)

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