There is no such thing as a better entry for SDOC.
Bankruptcy and the cancelling of the common and preferred shares is only a question of when, not if.
I do wish the stock would go up to a few dollars, then I could buy Jan 2017 put options and wait. Right now the options are not trading. Some have a ask price higher than the strike.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.