Daniel R Moore
Portfolio strategy, bonds, oil & gas, long-term horizon

SandRidge Mississippian Trust II - Will Shares Break The Buck Soon?

Since mid-May 2015, SandRidge Mississippian Trust II (NYSE:SDR) units have progressively traded to lower and lower lows after the Trust ex-dividend date has been reached. Most recently, the Trust put in all-time new lows in mid-December and again in mid-January of $1.30 per share. Several market factors likely fueled the plunge, including continued price deterioration in the energy market, continued poor production results and shareholder fear of a potential spillover effect should SandRidge Energy enter bankruptcy.

Since reaching a new all-time low price per share in mid-January 2016, the shares have rallied once again to the $2.00 price range. And, as you probably are aware if you follow the shares, the Trust just announced another large distribution. If

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