PBT part 2
By Steve Abraham on Mar 08, 2008
I guess its been a few weeks now since I wrote about this company called Permian Basin Royal Trust. Since then, the company made an announcement of a higher than expected monthly dividend payout. It has taken some time for people to see the light on this stock but the word appears to be out given what transpired this week. The stock brokeout on huge volume this week and had a very nice follow up day yesterday. Unfortunately, I had already taken some profits since I first profiled this stock on the bull trader. I still like the stock on a pullback. I don’t think its going to be a teenager anytime soon though. Here is the chart:
5 Responses to “PBT part 2”
PBT - This stock was a BUY recommendation in a recent issue of the Market Master Report by http://www.sharesmadeeasy.com . One of the most technically strong stocks currently out there. The massive volume spike and strong rising OBV shows that something is brewing. Sharesmadeeasy recommend further buying the breakout of 23.15 and hold for the upside.
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Nice chart, I would like to see more charts related to investments.
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