BE CAREFUL here: Revolver Draw and Hiring of Advisors=BANKRUPTCY!
So...
Let me get this straight.
You're warning us about information that's been well publicized for over 2 months?
Let me give you a clue.
Despite the information concerning SandRidge Hiring advisors when the price of crude was $28/barrel, a few things have happened since then that makes your "BE CAREFUL" statement, a moot point.
SDOC has an ADDITIONAL $500,000,000 in CASH in their bank, has serviced ALL it's credit/interest obligations, and oil's basing in the high $30's.
So, since SDOC's PPS has based, formed a beautiful U-Pattern reversal and has trended above its 8, 13, 20 and 50 period MA's, it's fairly safe to say that your warning has already been "baked in"
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