Monday, April 11, 2016 3:42:31 PM
they have been paying their preferred share holders with common stock as they do not have the money & after millions of shares of dilution they suspended the dividends completely - a lot of peeps lost big and you can bet the common's will be cancelled in the reorg. I used to like SD but I have always called it like I see it whether it's good or bad or whether anyone agrees with me. I know SD better than most around here and it's bad times for Sandridge and the flunky hedge fund clowns that took over the company a couple of years ago.
This trust is safe - thats the only good news I have for you.
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