I hear you. I have bought this on four occasions and it has gone straight down each time. Last buy was at16.51. The last time I sold it went from16to19 in 10 days. I take full responsibility. It is all my fault. I just won't selldown here. Gltal
sad for me also......bought at $30. Reviewing most all of the oil and gas trust, the majority are down due the lagging low price of natural gas. This will reverse. I don't need the money, and will hold SDT for the reverse. I should buy more to average down my cost basis, but I think I will go with VNR (Vanguard Natural Resources) instead..divide and conquer is my new motto. Meantime, making a killing on CLMT (Calumet Speciality Products) a growing first rate speciality refiner surpassing it's 52 weeks highs with a sweet dividend.
agree and love CLMT too -- bought it at 17. Re SDT and PER -- they do seem way too low to sell at this point. I am truly surprised by their terrible performance. I incorrectly figured the first five or so years of good returns were baked into the initial cake. Obvioiusly, I 'll never make that mistake again with a trust.
Not true man. SDT reached $36 before retreating to $30. I am 100% sure I remember when SDT reached $30 from its peak of $36, lots of anal-ysts said SDT at $30 was "way oversold". The only lesson our friend hasn t learnt is not to trust those suc,.ers anal-systs , they are all POs.
Fundamentals were excellent and outlook positive when I bought this. Production forecasts were reported to be locked in. Yeah, guess I didn't "lean" much like I guess you never learned how to spell.
I also have a decent amount invested in the Mississippian Lime.. wish I never have heard of it. The game is not over maybe better #'s in the near future but everything in the area lost investors this year..