Sandridge Energy Inc (SD)

[brandemarcus]

I lost 60% in just one day according to mr market. Even though the price is 30 cents for sdrxn , you can't buy at 1.1. My broker won't allow me to offer a higher price. Now way back in 2010 -2012 Prem Watsa was involved with some of the pfd shares. Based on the volume traded sdrxp or sdrxn , I think he is trapped in the position.
Of course they have never heard of the pfd on the common board, so the topic is how he dumped the common.