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Is PVL dead in the water?
Posted on 10/19/20 at 3:28 pm
Posted on 10/19/20 at 3:28 pm
I have a stake in Permianville trust (PVL), fortunately it's small, but I'm curious if anyone else is following this. I honestly have no idea where this is going to go. Well, that's not accurate, I think I do know and it's not promising in the near term.
Profit shortfalls that are being paid down slowly.
Canceled distributions.
Hit a 52-week low.
Notice of delisting.
Anyone else riding this sinking ship with me? I'm curious what others think about the current and future state of PVL?
Profit shortfalls that are being paid down slowly.
Canceled distributions.
Hit a 52-week low.
Notice of delisting.
Anyone else riding this sinking ship with me? I'm curious what others think about the current and future state of PVL?
1
Posted on 10/20/20 at 8:04 am to TheLSUriot
All I know is all my oil amd gas stocks have bottomed out. I bought in FANG at damn near $40 share at it’s been near $30 for a month. I thought a rebound would have taken place by now but it’s going to obviously be a long term hold because I’m not selling at a $10/share loss.
Posted on 10/20/20 at 8:07 am to supadave3
Also, I talked about selling off my SAsol while I could still make $2 share and didn’t and now it’s down another $1. Frustrating, but I guess that proves why I’m a rookie and this isn’t my financial future that I’m playing with, just some money to learn with but it’s turned in to a substantial amount FOR ME and my slim budget.
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