Goodrich Petroleum Corp. (fka GDPMQ)

[CashCowMoo]

It looks to me like Goodrich is in the penny stock business not the oil business

[WallWeeD]

WTF! I make more money than this company all together and this trade at 2 cents per share????? What a joke

[SOUTHGAS]

Lots of Q stocks eventually drop the Q after they come out of bankruptcy.I do know they are still operating their gas fields over here in east Texas and north west Louisiana.The price of gas will eventually determine their fate.I still say they will eventually come out of it unless they are aquired by someone..

[RalphFeathers]

Any one have an idea of when the GDPMQ stock will be cancelled? This is my first bankrupt stock and I'm curious about the timeline.

[lpaper]

It's Chapter 11 ,I think.Chapter 7 - everything is wiped out,the company doesn't function anymore.Chapter 11 - still legal to trade and work is going on normal,there's still some chance to recover,to be profitable.I think that's the difference.

[CashCowMoo]

some kind of manipulation? really dont know to be honest

[Smilin_B]

How is this STILL publicly trading?

I thought the shares were going to be cancelled/deregistered and share holders were to take a total loss?

Why is this trading so high in the .03's ?

Makes no sense to me at all

[CashCowMoo]

Pouring out my 40oz for Goodrich. RIP

[Smilin_B]

This stock is pretty incredible. This company warned of chapter 11 as a fact that it was really going to happen yet the shares continue to trade in the $0.04 area. Why is that? Normally when a company announces chapter 11 bankruptcy, their share price but it's to the point where it's fair value after a bankruptcy. That was not the case here. It's quite perplexing to see this stock still trade as high as it is, yet a company such as SandRidge Energy (SDOC) trades a penny or two higher and they has not filed bankruptcy yet.

[snidely]

Thanks!

[MovedOn]

Since they filed Chap 11, it's now under symbol GDPMQ.

[snidely]

Stock disappeared? Total loss?

[Renee]

GDPM changed to GDPMQ, bankruptcy. *** All series of Preferred Shares also have the 'Q' suffix.

http://otce.finra.org/DLSymbolNameChanges

[PeePee la Fritz]

My understanding: They go to a value of zero

[snidely]

What happens to common shares?

[VMB-1]

~Ooopssss.....

[e-ore]

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=121847698

[VMB-1]

~CH 11 BK Filed, I think it's somewhat factored in, well see.....

[EeZieMoneY]

Pending tender offer (which doesn't look to be going through as planned) and in line for restructure plan (similar to paragon offshore) if the tender offer fails. I'm in deep @ .45 average so I'll be right here on the sidelines hoping for similar PGN restructure spike.

[Smilin_B]

Every single oil stock is +20- 35% on the heels of CHK's news. Even bankrupt EXXI & LINN. So, why is there zero pin action here?

[MovedOn]

It's extremely hard not to be greedy in trading. It requires major discipline and research to do well and to be consistent. That's why I do it as a hobby and rely on my career to take care of the family, take vacations, buy a few toys and pay the bills, of course.

[PeePee la Fritz]

I was right there with you. I bought in at $0.25 before the delist. I should have taken my profit right before Christmas when it ran to over $0.30s for a couple thousand....I got greedy.

[MovedOn]

Being smart in trading pink companies is over-rated. I just knew they were struggling with the their debt and bond holders and exited before the financial restructuring officially begun. I was buying before they were delisted from the NYSE, so you know what peril I was in with my decision to invest in this company.

[PeePee la Fritz]

I'll use the hit to settle some tax obligations. Unfortunately I wasn't as smart as you and was hesitant to dive back into oil. I'm still upside down on GST. I thought I got in a the floor.......I was wrong lol. Oh well, no ones perfect. And GST is running, so I might even make a quick buck.

[MovedOn]

Smart move, sorry for your loss. I got out 2 weeks ago and took a big loss too at that time, but that loss turned into substantial gains when I put my money into stocks that are following the price of oil like DNR and actually have a decent balance sheet. Just about every O&G company is substantially rising in pps with this latest run in oil, except this waste of a stock/company.

[WallWeeD]

Dilution coming your way!

[Bullsz]

Whats going on?

[PeePee la Fritz]

Well I'm out today at a $6,000 overall loss. Good luck to anyone still holding out hope

[PalladiumWinner]

Good question. Does anyone know?

[PeePee la Fritz]

Is there any plus side left in this after today's news?

[phtephen]

I was thinking the same. Gdp is one I've been in and out of for years though it's quite the different monster down here in penny land. Still follows right along with wti price just as always though.

[stocktrademan]

$GDPM recent news/filings

bullish 0.11

## source: finance.yahoo.com

$GDPM charts

basic chart ## source: stockcharts.com



basic chart ## source: stockscores.com



big daily chart ## source: stockcharts.com



big weekly chart ## source: stockcharts.com



$GDPM company information

## source: otcmarkets.com

Link: http://www.otcmarkets.com/stock/GDPM/company-info
Ticker: $GDPM
OTC Market Place: OTC Pink Current
CIK code: 0000943861
Company name: Goodrich Petroleum Corp.
Company website: http://www.goodrichpetroleum.com
Incorporated In: DE, USA
$GDPM share structure

## source: otcmarkets.com

Market Value: $7,691,438 a/o Mar 17, 2016
Shares Outstanding: 76,914,375 a/o Feb 04, 2016
Float: Not Available
Authorized Shares: Not Available
Par Value: 0.2

$GDPM extra dd links

Company name: Goodrich Petroleum Corp.
Company website: http://www.goodrichpetroleum.com

## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/GDPM/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/GDPM/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=GDPM+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=GDPM+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=GDPM+Industry

## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/GDPM/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/GDPM/news - http://finance.yahoo.com/q/h?s=GDPM+Headlines

## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/GDPM/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/GDPM/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/GDPM/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/GDPM/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/GDPM/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/GDPM/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/GDPM/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/GDPM/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=GDPM+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/GDPM
DTCC (dtcc.com): http://search2.dtcc.com/?q=Goodrich+Petroleum+Corp.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Goodrich+Petroleum+Corp.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Goodrich+Petroleum+Corp.&x=0&y=0
WHOIS (domaintools.com): http://whois.domaintools.com/http://www.goodrichpetroleum.com
Alexa (alexa.com): http://www.alexa.com/siteinfo/http://www.goodrichpetroleum.com#
Corporate website internet archive (archive.org): http://web.archive.org/web/*/http://www.goodrichpetroleum.com

## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/GDPM/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/GDPM
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/GDPM/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/GDPM/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/GDPM/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000943861&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/GDPM/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/GDPM/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/GDPM/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/GDPM/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=GDPM&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=GDPM
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/GDPM/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=GDPM+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=GDPM+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=GDPM
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=GDPM
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=GDPM+Cash+Flow&annual

## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/GDPM/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=GDPM+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/GDPM.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=GDPM
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/GDPM/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/GDPM/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/GDPM/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/GDPM/insider-transactions

## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/GDPM
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/GDPM
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/GDPM:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=GDPM
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=GDPM



$GDPM DD Notes ~ http://www.ddnotesmaker.com/GDPM

[UP Trend]

Surprised not many posters here

[crobe49]

Let's break through $.09!

[PeePee la Fritz]

I need to vote. How'd everyone else vote?

[EeZieMoneY]

Goodrich Petroleum Announces Adjournment of Special Meeting of Stockholders until March 31, 2016

HOUSTON, March 14, 2016 /PRNewswire/ -- Goodrich Petroleum Corporation (OTC Markets: GDPM) (the "Company") today announced that the Chairman of the special meeting of stockholders adjourned the special meeting of stockholders in order to provide additional time to allow the Company's Common Stock and Preferred Stock holders to cast their votes or submit their proxy. The special meeting of stockholders will be reconvened on March 31, 2016 at the Company's corporate offices located at 801 Louisiana, Suite 700, Houston, Texas, 77002 at 11:00 a.m. local time. The record date for the meeting remains February 5, 2016. Stockholders who have previously submitted their proxy or otherwise voted and who do not want to change their vote need not take any action. The Company's Common Stock and Preferred Stock holders as of the February 5, 2016 record date can vote, even if they have subsequently sold their shares and the Company's board and management respectfully request all such holders as of the record date to please vote your proxies.

[crobe49]

NICE bid at $.79! 146k. That will be a tough wall to break through. Glad someone else sees the same buying opp here that I do.

[SOUTHGAS]

Yes I can understand that . Just keep an eye on the lawsuites but they may be ok as I havent ckd back on them and how they are going lately.

[SingleFile]

ok... moved my gambling funds from GDP into SDOC - looks like a better table for now.

[SOUTHGAS]

Check out MEMP This company Memorial , has been buying up wells in CARTHAGE TEXAS AND Henderson...way undervalued ..

[SingleFile]

Yes - I'm out - did not sound good, no new numbers discussed -so I would assume the deal is crashing - I mean why not bring good news into the call? More of a plea than an update. Anyway, hope it works out for everyone - moving my money elsewhere - managed to get out on the up.

[EeZieMoneY]

Did you happen to catch that 10am call? I've been overseas with no internet for 2 days..

[MovedOn]

Get out while you can....recover something.

[WallWeeD]

Ouch!

[crobe49]

Thoughts on the announcements?

[snidely]

Your title is a bit misleading

[Sam_Sh]

GDPM filing Bankruptcy and Shareholders options

"Goodrich said it has already launched an offer to exchange all of its outstanding unsecured notes and preferred stock for its common stock. If the exchange offers are not taken up, the company said it would likely file for Chapter 11 bankruptcy protection.

A bankruptcy would wipe out holders of unsecured notes, preferred and common stock, as it has pledged its assets as collateral to its secured bondholders"

http://www.marketwatch.com/story/low-oil-price-claims-another-victim-goodrich-petroleum-to-miss-bond-interest-payment-2016-03-08

[snidely]

True. Good luck.

[SingleFile]

Risky, but you could average down at current levels - I'm sure a lot are or have been. Call at 10AM tomor. should drop some hints as to what is happening for the 14th and beyond - still think we should see $40 / barrel for Fri. - it touched on that yesterday briefly. Depending on tomorrows news (and oil price to Fri) we should hopefully get closer to 50 cents for Fri.- If the SH deal collapses we`re back to square one. Day by day for now.

[snidely]

I would expect a pullback after a 100% jump yesterday.