SandRidge Energy, Inc. (fka SDOCQ)

[legalizeMJ]

sdoc's BAD NEWS:Revolver Draw and Hiring of Advisors= BANKRUPTCY is near.

https://finance.yahoo.com/news/sandridge-energy-inc-updates-shareholders-201500238.html

Financial Highlights - Subsequent to Fourth Quarter

Revolver Draw and Hiring of Advisors

On January 22, 2016, the Company borrowed $489 million under its Senior Credit Facility, bringing the total amount outstanding to approximately $500 million, including letters of credit. Following the funding of this borrowing, the Company's cash balance was approximately $855 million. On that same day, the Company also announced that it had retained Kirkland & Ellis, LLP and Houlihan Lokey, Inc. as its legal and financial advisors, respectively, to assist the Company in analyzing and considering financial, transactional, and strategic alternatives.

BE CAREFUL here: Revolver Draw and Hiring of Advisors=BANKRUPTCY!