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Sabine Royalty Trust Message Board

  • snogreen snogreen Jan 31, 2006 12:38 PM Flag

    SBR was $46.30 date of proxy start

    SBR was at $46.30 on January 5, 2005 when this group started the proxy battle. SBR stock that day (1/05) went from $46.32 down to $42.52 in ONE trading day. A DROP of almost $4.00 a share. So this B****td cost us a $4 loss when he started.....and now SBR only goes up $1 when he stops? Somehow we got screwed of $3. because oil prices did not go down, but UP since January 5 when this started, and SBR has a good amount of oil. Nat gas prices are down a bit but appear to have stabilized for now. So with SBR only up $1 on the dropped proxy news........but SBR DROPPED $4 when he started? Guess the smart thing to do is nibble down here.

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