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SandRidge Permian Trust Message Board

  • thechiefaz thechiefaz Aug 4, 2014 5:18 PM Flag

    5 month high

     

    and big fat div coming, not sure what all the crying about. This is wildcat drilling / gambling with a dividend hedge. Banks will gladly give 1% return guarantee for the next year, personally i been buying since 4/13 and have a 12.75% annualized gain with divs, no future guarantees but so far so good, planning for a 8% total return come liquidation time. holding 1,00 shares but only 2% of portfolio. always diversify, or be happy with 1% return against 4 % real inflation and see how that works out.

    Sentiment: Hold

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