SandRidge Energy, Inc. (fka SDOCQ)

[catdaddyrt]

if you did not sell yesterday you made a mistake - up 16 from being down how far now.................................... not a win at all - it's your money have fun with it







I see no way out at this point for SD and I was once a strong supporter of SD some years back my first position was 6.00 to 11.00 but soon she came back to 6 and I kept hoping for another pull like before but management just got nasty and Tom Ward was thrown out and the hedge fund clowns that ousted him took over and it has been a 2 year blood letting. Now they are bankrupt they just won't come out and say it.I got burned several trades with SD after the big gain but I learned to get out fast if profit showed. The first 1/4 this year I had two good trades here and one with SDT and captured a dividend but after that the forecast just got worse and worse. Now there is no doubt in my mind they will go under and I don't see anyone willing to buy there high yielding notes.Yet some are here touting SD as a long term investment - insane imo. Once they raised the A/S and decided to pay dividends with shares the end of SD came into sight. The management here stinks and the fundamentals = disaster just like we are seeing here day after day.