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BP Prudhoe Bay Royalty Trust Message Board

  • larrysummersstinks larrysummersstinks Sep 26, 2012 6:26 PM Flag

    danger to buy over $88 with big oil drops

    closed end funds are better buys & returns than this overpriced oil trust

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    • but not likely before. There likely will be a typical run-up to the ex-dividend date
      as the usual suspects ( i.e., dividend chasers ), start buying. They're just waiting
      like vultures for BPT to announce the amount and date(s).

      Sentiment: Strong Buy

    • Larrysummerstinks very appropriate handle. These academics sudo professors, which enters the real world to try out their philosophical theses that fail miserably. They push “redistribution” as a solution when it will further destroy the free market model. They push Socialism when we know what socialism end up to be, the fall of the middle class to the profit of the connected.
      Oil will do well, even in a socialist state.

      Sentiment: Hold

      • 1 Reply to ousaouparis
      • Excellent post man....obvious you are above average street smarts. The socialist theories embraced by unions are failing in Spain, Greece, Italy and France. Socialism failed in England. Socialism and communism kill personal initiative and willingness to risk capital. Those who can, will leave those countries for better lives elsewhere. I believe living within collapsed political/economic systems will be the new 'dark ages'. Life is too short to hang around for cures that take decades. Answer: Leave.

 
BPT
87.95+1.46(+1.69%)Oct 21 4:05 PMEDT

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