Volume Spike Investor

Tel Offshore Trust (NASDAQ: TELOZ) is seeing a price and volume spike for the second day in a row today.  Yesterday shares closed up $4.70 at $38.79 on 193,700 shares of stock. As of 12:10 PM today we have seen a 5% rise to $40.80 with 105,000 shares trading hands.  In fact, this looks like a 52-week high and all-time high if this holds up.  This company owns royalty interests in various oil and gas properties located offshore Louisiana.

52-Week Range:    $9.70 to $39.48
Avg. Volume:         70,000
Market Cap:           $193M
OPTIONS:               NO

Jon Ogg
June 24, 2008