TRU-Torch Energy Trust. Message Board

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Non-Tech : TRU-Torch Energy Trust.

TRU 86.22

+1.1%

Jan 16 9:30 AM EST

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To: timmyk who wrote (10)	7/15/1998 3:46:00 PM
From: Lester Fong	Read Replies (1) of 16

Since this is a Trust, they can stop paying dividends anytime. I got in at 6 1/4 to receive 2 dividend plays and just got out. The reason is that oil is way too low and they cannot make too much profit out of the wells. Also the dividend went from .43 to .39 and who knows what will be the next payout amount. I've seen some stocks with a 300% dividend yield return, but that stock has not paid any dividends for years and that was when the stock was way up there. Happy trading

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