Superior Energy Services Inc. (fka SPNR)

[willlbone]

Sphincter Energy. The end is near.

[CashCowMoo]

ouch

[willlbone]

Chap 11 news. Sell

[CashCowMoo]

This looks interesting. Anyone know how the company is doing currently?

[Renee]

SPN changed to SPNX. Delisted from the NYSE to the OTC:

https://otce.finra.org/otce/dailyList?viewType=Additions

[FROZENFLAME]

Back in with some free shares .

[FROZENFLAME]

$10K day not too bad :)

[FROZENFLAME]

How about now ?

[Grandmasim]

How about now?

[FROZENFLAME]

Nice close .

[FROZENFLAME]

$SPN$ we need volume .

[FROZENFLAME]

I like the sideway treading then boom, 12M float, squeeze will be massive .

[FROZENFLAME]

Nice, but I’m still waiting for 50% up kind of move, still waiting .

[FROZENFLAME]

Almost time .

[FROZENFLAME]

$SPN$ we need volume .

[FROZENFLAME]

$3+ with just one day of big, I think it’s coming very soon .

[TTIME]

$SPN,should be back over $2 soon imo

[FROZENFLAME]

WOW HUGE BID 43K@$1.50 !!!

[FROZENFLAME]

Very very tight trading I’m in $$$

[Nichopm]

Yep, too bad I sold half my position when it spiked to 5.50 a while ago haha.

[VMB-1]

~Nice BULLISH Day & Closeeee

[Nichopm]

Wtf??? Did something happen?

[Nichopm]

Ugh

[Nichopm]

Given what’s going on with oil concerns I would’ve expected a bigger spike today...still nice to see green tho

[Nichopm]

What happened today??

[Renee]

SPNVD changed to SPN. Relisted on the NYSE from the OTC:

https://otce.finra.org/otce/dailyList?viewType=Deletions

[dijeetyet]

Can't help thinking about
that short squeeze that happened in 2016 to DRY*
Wondering if a squeeze will happen here.

[belleso]

Whats worng, the money in my account disappear!!!!! Any problem?

[Renee]

SPNV one for 10 reverse split:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

[belleso]

Bad news OUT

[Nichopm]

Keep on climbing baby...

[VMB-1]

~For Fake Penny Stocks, Yes..This is a BIG BOARD Stock that was delisted abruptly a few months ago..

[Nichopm]

Thanks for sharing...tho in my experience RS’s are rarely a good thing. Dang

[VMB-1]

~$SPN NYSE Re-List: "Superior Energy Services Announces: Reverse stock split; Resumption of trading on the New York Stock Exchange under ticker symbol SPN"

Source: GlobeNewswire Inc.


Superior Energy Services, Inc. (“Superior” or the “Company”) (NYSE: SPN; OTCQX: SPNV) today announced that at a special meeting of stockholders of the Company held on December 18, 2019, its stockholders voted to approve a proposal authorizing the Board of Directors of the Company to effect a reverse stock split of Superior’s issued and outstanding common stock (the “Reverse Stock Split”) and to proportionately reduce the number of the Company’s authorized shares of common stock (the “Authorized Share Reduction”).  Following the special meeting of stockholders, the Board of Directors approved a 1-for-10 Reverse Stock Split. A Certificate of Amendment to the Company’s Restated Certificate of Incorporation was filed with the Delaware Secretary of State.  The Reverse Stock Split and the Authorized Share Reduction will take effect at 5 p.m. Eastern Standard Time on December 18, 2019 (“Effective Date”).

Previously, the New York Stock Exchange (the “NYSE”) suspended trading of the Company’s common stock on the NYSE on September 26, 2019 and commenced delisting proceedings due to the “abnormally low” per share price of the Company’s common stock.  The Company appealed the NYSE’s determination and began trading on the OTCQX Best Market.  The Company expects that the NYSE staff will formally withdraw the delisting determination and pending appeal so that the common stock can resume trading on the NYSE under the ticker symbol “SPN” with a new CUSIP number of 868157306. The Company expects that its common shares will resume trading on the NYSE at market open on December 26, 2019.

[VMB-1]

~They are doing a 1 for 10 to Re-Listtt to NYSE..It's a GOOOD THING!

[Nichopm]

Hopefully without an RS!

[VMB-1]

~News Out..Headed back to NYSE

[Nichopm]

Come on let’s get back over $.50

[UP Trend]

2 million dollar volume, lots of eyes on it.

[Nichopm]

No you’re not! Great news

[eageleye]

[eageleye]

Am I the only one that saw the news?? Where is everyone? SPNV on fire... https://www.otcmarkets.com/stock/SPNV/news/Superior-Energy-Services-Announces-Strategic-Transaction?id=249629

[eageleye]

Am I the only one that saw the news?? Where is everyone? SPNV on fire... https://www.otcmarkets.com/stock/SPNV/news/Superior-Energy-Services-Announces-Strategic-Transaction?id=249629

[Nichopm]

Ugh. And now they wanna RS. Terrific.

[Nichopm]

So are the buybacks over? This price action sucks. No support

[Nichopm]

Not liking this trend...below 40 now? Come on!

[Nichopm]

Seriously, back to flat for the day? Ughhhhhh

[Nichopm]

Ditto

[kfox]

Hoping for more buyback insider buys to drive price up.

[Nichopm]

Dunno why the mid day sell off, results seemed pretty decent to me