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Smilin_B

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Smilin_B

Re: sorkin post# 10143

Sunday, 04/17/2016 1:18:56 PM

Sunday, April 17, 2016 1:18:56 PM

Post# of 13692
The price of crude oil has ZERO to do with the trading shares of SandRidge Energy common stock.

Bankruptcy fears is the metric on why we are trading at .07/share -- NOTHING else!

Oil can ramp to $45-50 a barrel and SDOC can linger in the single digits. Keep in mind that oil is just a PORTION of SDOC's revenue stream. They are a nat gas driller/supplier also, and their most recent acquisitions are doing substantially well.

The company is servicing their debts, paying their creditors, paying interest, streamlining operations utilizing strict cost-cutting methods , preserving cash and the share price will simply recover as the company continues to stabilize.
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