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:

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This entry was posted on Saturday, March 8th, 2008 at 1:15 pm and is filed under Stock Charts. You can skip to the end and leave a response. Pinging is currently not allowed.

5 Responses to “PBT part 2”

By samuel7 on March 11th, 2008 at 11:20 am

Hello guys,
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By Darvastrader on March 19th, 2008 at 9:29 pm

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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By sara on July 1st, 2008 at 7:26 am

Nice chart, I would like to see more charts related to investments.