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LouisDesyjr

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LouisDesyjr

Re: CashCowMoo post# 2594

Friday, 06/26/2015 9:22:11 AM

Friday, June 26, 2015 9:22:11 AM

Post# of 13692
SD shot themselves in the foot, more like the head

I think as time goes on, it is going to look more like they shot themselves in the head. If oil prices had not gone down, I think they had a chance, but the new debt offering seems to me that they hope to somehow make it long enough for higher oil prices to save them.

I think the problem is that everyone is pumping oil as fast as they can because it is the only way to try to stay in business, whioh of course just makes the supply/demand situation and oil prices worse.

Louis J. Desy Jr.
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