This board generally agrees tht WHX is overvalued because people do not understand the investment vehicle. We can assume however, that this assumption will continue to hold true. With the recent rise in oil prices the possibility exists that the next distribution could increase to 0.70 or even 0.75. The people who do not understand how the trust operates will see at the current price of 20 and annualized dividend yield of 14 of 15% (a bargain). They will in turn likely continue to push up the price to maybe a 10% yield of 28 - 30 leaving a short with a possible loss of maybe 50%. I really wouldn't want to be short this stock in May when it declares it's next dividend. I would wait until its yield gets to about 10% and then reassess oil price direction.