Sandridge Mississippian Trust (SDT +1.4%) moves higher as Anthony Donato lays out how a brutal year for the shares has left them undervalued under nearly any oil and gas price scenario. One trader agrees, saying brokers - burned by VOC, WHX, and WHZ - have been dumping anything that looks similar. This includes not just SDT, but SDR and ECT as well.
VOC Energy Trust (VOC -16.7%) plunges after announcing a quarterly distribution. VOC warns of declining production volumes for its Kurten Woodbine properties due to an abandoned horizontal well: "Future distributions to the Trust from the net profits interest will be impacted by this event."
VOC Energy Trust was formed by VOC Brazos, to hold a term net profits interest of the privately held limited partnership engaged in the production and development of oil and natural gas from properties in Kansas and Texas.