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SandRidge Mississippian Trust I Message Board

  • chexsim chexsim Feb 14, 2013 2:00 PM Flag

    Other Factors

    I would have thought that the increase in the price of Oil so far in the 1st Qtr would have had a positive impact on the stock. I understand the drop of the price after the distribution of the qtrly div but there was such a weakness before the xdate.

    As I understand the well development schedule the 2nd qtr of 2013 should have all the well done.

    Sentiment: Hold

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    • You might want to check out some recent developments - a recent article from a guy who seems to be more geologically oriented than investment oriented discusses results of the Mississippian Lime formation in a Seeking Alpha article and the one most pertinent is the 2nd article and you can find it under SD. Also, look at the SD proxy news release - attention to be given about the co's claims about reserve estimates. Next, the sec filings detail the subordinated incentives and they don't seem to have happened in the latest q. There's also a Motley Fool article claiming SD has found with more oil to drill in - doesn't quite jibe with the SA article and the SA author seems to be more knowledgeful. With a conference call coming up we should know soon enough. Boring to most but interesting stuff to consider.

    • You have to remember that while gas prices are going up the refineries are doing their summer reformulations and the cleanout allows some to sit and look to March and April and the summer driving season as an better indicator. Right now the sequestration plays on some on WS to take the shorts especially with the VIX at lower then 2008 levels. Expect more volatiolity this summer~

    • Didn't The high rollers of wall street tell you, the trust has nothing but dry holes, WORTHLESS. give your shares to them at a discount and they will help out and carry the burden of the loss.

    • oil going up but NG going down again and NGLs still weak. All need to be considered.

2.40-0.02(-0.83%)Jun 24 4:01 PMEDT