Bad day for the SandRidge trusts


SandRidge Mississippian Trust I (SDT -2.2%) and Mississippian Trust II (SDR -1.6%) sink to new 52-week lows, and SandRidge Permian Trust (PER -0.5%) isn't far above similar lows.

Also lower: Chesapeake Granite Wash (CHKR -3.9%) and ECA Marcellus Trust (ECT -3.6%).

Comments (15)
  • gawilley
    , contributor
    Comments (1560) | Send Message
     
    Long PER and hoping for sunnier days
    12 Nov 2013, 04:03 PM Reply Like
  • Japippy@Aol.Com
    , contributor
    Comments (35) | Send Message
     
    Looks a little sunnier from over here here I am sitting today.
    21 Nov 2013, 12:53 PM Reply Like
  • Japippy@Aol.Com
    , contributor
    Comments (35) | Send Message
     
    Looks a little sunnier from over here here I am sitting today.
    21 Nov 2013, 12:53 PM Reply Like
  • Arnaudoff
    , contributor
    Comment (1) | Send Message
     
    PER is like riding the waves. . . Up & down; but, each quarter CHA-CHING, provides a nice return . . .
    12 Nov 2013, 05:18 PM Reply Like
  • Japippy@Aol.Com
    , contributor
    Comments (35) | Send Message
     
    Riding the waves? Yes. Falling overboard. Not yet, as it's looking a little better at the moment.
    Jim
    21 Nov 2013, 12:54 PM Reply Like
  • Japippy@Aol.Com
    , contributor
    Comments (35) | Send Message
     
    Amaudoff, Just what do you consider a nice return? I am a newcomer to thi issue and in the short time that I have owned it, for sur it has let me down a whole lot. am I going to be in for a pleasant surprise?
    Thanks,

     

    Jim
    12 Nov 2013, 07:18 PM Reply Like
  • 360_Degree_View
    , contributor
    Comments (27) | Send Message
     
    Japippy, I agree with your observation. I purchased SDR only a few months ago in the $11's and $12's and today I had the joy of seeing it trade in the $10's and even with the distribution added back into my investment I'm still sitting on a rather large loss on my SDR position. I hope, like you, to be looking for a pleasant surprise.
    12 Nov 2013, 10:18 PM Reply Like
  • Japippy@Aol.Com
    , contributor
    Comments (35) | Send Message
     
    Good morning 360
    I just reviewed this iffy issue and see some surprising activity in addition to the fact that a nice healthy dividend in excess of 800 bucks is sitting in the wings just waiting for the distribution date to arrive. At least that is a good start to that pleasant surprise which we have been waiting for although we will probably need to see a repeat of same over the next two to three months, now wouldn't that be nice?
    21 Nov 2013, 12:50 PM Reply Like
  • 9339551
    , contributor
    Comments (3) | Send Message
     
    PER went ex-dividend today.
    12 Nov 2013, 09:08 PM Reply Like
  • IncomeYield
    , contributor
    Comments (3707) | Send Message
     
    so did SDR :)
    12 Nov 2013, 09:39 PM Reply Like
  • royk01
    , contributor
    Comments (346) | Send Message
     
    I sold SDR, CHKR and SDT and a few other royalty trusts after taking a bath with every one I have sold. I have a few others and they are all down, some significantly. They are only good for tax losses to offset any taxable gains. I advise people thinking about buying royalty trusts to perform a rigorous investigation.
    12 Nov 2013, 11:14 PM Reply Like
  • Douglas E. Johnston
    , contributor
    Comments (1773) | Send Message
     
    just add "another" to the title and republish
    18 Nov 2013, 04:29 PM Reply Like
  • Rattlesnake22
    , contributor
    Comments (3) | Send Message
     
    Take a look at PLUG and see what you think
    23 Dec 2013, 08:09 PM Reply Like
  • Rattlesnake22
    , contributor
    Comments (3) | Send Message
     
    what yu got on TASR?
    23 Dec 2013, 08:09 PM Reply Like
  • Rattlesnake22
    , contributor
    Comments (3) | Send Message
     
    Hello, how about TASR?
    23 Dec 2013, 08:10 PM Reply Like
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