We are down 3.13% today, much more than the majority of oil companies. And the volume is 2.3 times higher than normal.Today was April 18th, PBT was announcing their monthly distributions on March 20th and February 17th, so we are just about to learn about the size of coming distribution.Based on today's trading, I suspect the news would not be good.
Good question; I'm trying to figure out why CRT (another trust that has been losing value steadily) is up 7% today. Perhaps they're increasing the distribution.
Insider selling or insiders leaking info to fund managers? In either case, that is illegal but that is how WS now operates.