SandRidge Energy, Inc. (fka SDOCQ)

[cj 13]

I don't know I might be wrong but when I read the quarterly report it sounded like this company came in to help them assist in managing their debt better and of course insolvency is always one of hundred ways to manage this debt.



It sounded like to me this company helped them cut costs almost 50%. That's huge!

This "report" that came out today with paraphrasing select negative aspects of q4 and then which I believe is either a lie or or a stretch of the truth that is sodc doesn't make another Feb debt payment of $50 mil with probably 500 in cash right now they would opt for bk, that's bull! Pure fabrication. Why also would sodc comment mid day on a huge red day to a reporter about this information. That's insider info and criminal. They did not make a PR on that debt payment.

So that being said I would of never predicted today. It's still in a three month up trend. Short cover tomorrow hard. Up to tens in 3 weeks laterally in my opinion. But that's worth zip.

Nothing new learned today but fabled stories.