Sandridge Energy Inc (SD)

[betahighlander]

i am a sucker for undervalued pfds. i think because i put the potential value at full face value. where with common i am more conservative.
I also like the idea of getting a rich dividend someday and not realizing the capital gains.
30K plus 12k in tax defferred. Will sell the tax pfd first
30k at $100 face- 8.5% dividend. Well you can imagine that would free me up a bit.

Pipedream maybe, we will see