Many thought Coop might sell.. we have some affirmation that the whales are staying put. Yes Natgas moving higher helps the perception that it will help SD.. Oil back $100 also helps.. BO still in the cards.. sounds like a bad short at this point.
that small position was taken by the author from SA.. For myself it's about 3% of my portfolio and I will increase it if it has another significant drop..
If I'm not mistaken he believes that $12 is fair value. Can't believe this is at $8 it shows the lack of "trust" and how hated and these trusts are.. I'm hoping to get some market disconnect premium for this the next couple months and I'll still walk away with a loss. I know hope shouldn't be part of an investment strategy; however with SD it's required. I done with these risky speculative investments.. as I stated in the past lesson learned..
Yep.. It's helping this extremely oversold priced-in for Armageddon poor PPS a little today.. hopefully we'll continue some upward momentum into next year when all the tax selling is abated..
The way these 2 trusts have been trading has been dizzying to say the least. I'm still waiting for a rebound in SDR and I guess tax loss selling is still taking place.. Hope to get my rebound closer to the next ex-divi date.. this has been brutal.. so much for D Moore's oversold valuation what has changed since? Must be disgust and tax selling...
I may get my bid filled today due to this johnny come lately article.. I'm taking the risk and adding on to my position. There's still a lot of cushion for any debt payment.. even if they cut the dividend at $3 it's priced in and then some..
I want to see $6 print today.. I say we get it.. This company is extremely undervalue that the PPS hasto give...
We just got another boost from Najarian.. likes the NatGas story for SD for one..
Look at the recent history of big name tech companies that were left for dead! You're correct why short now!
CNBC is always negative.. e.i. with DELL, HPQ, S, NOK, RAD, SIRI etc etc etc.. then the company turns around with buy recommendations from CNBCafter a HUGE run up..
Here's a quick take on his opinion..
Using the best and worst case results, the upside potential is $14.21, or 17.7% accretive, while the downside is $10.48, or a loss of 11.6%.
Given the current accretive value and upside potential, I have elected to take a small position in PER.