Disclosure: As of 5/30/2012, Bellaire Capital Management did not hold any position in SJT.
Back in 2009 when the Average annual price for Natural Gas was $3.48/MCF the Trust was able to distribute less than $.65 for the year - and the Trust traded at a low price of barely $12.50/share. Down over 10% at times today to trade below $15 for the first time since 2009, SJT looks likely to attack the $12.50/share price at some point this year. Natural Gas prices are barely at $2.40 for the nearby months and have traded below $2.00 in March/April - prices that will determine distributions for June/July. Expect monthly distributions to average < .$.05 for the next few months under current prices. Even though SJT is deeply oversold based on a 20 day Stochastic Oscillator, the $12.50/share is beckoning.
This information is neither an offer to sell nor a solicitation to buy securities. Forecasts, estimates and opinions stated are my own and the data presented is for educational purposes only. Investments involve risk unless otherwise stated. Past performance is not a guarantee of future results. Be sure to first consult with a qualified tax and/or financial adviser before implementing any strategy discussed.