March 20, 2007 San Juan Royalty Trust (SJT) – $30.26 I’ll be brief. From time to time I play this with puts or calls depending on the direction I think natural gas prices are headed and I thought I’d write it up. It has a pretty high correlation to natural gas. I won’t short it…
Day: March 20, 2007
Tuesday Morning
No picks today. The XOI and XNG continue to be led around by the broader market despite continued weakness in their underlying commodity. While some of this weakness can be attributed to approaching contract expiry the near term trend is showing lack of support from shoulder season weather, a somewhat cooled geopolitcal climate, and the…