SandRidge Energy, Inc. (fka SDOCQ)

[SingleFile]

Extensions mean they are weighing BK over restructuring (I'd like to know the terms - GDP raised the bar so high, at a 95% conversion rate that BK was imminent) - they had 3-4 extensions to try get to that point but were stuck at about the 60% level - I saw the writing on the wall and bailed early - just after the 2nd extension. And don't give me the bleeding heart "shareholder for ten years ... and they have money in the bank" crap - once the banks and the top tier lenders / shareholders say enough is enough it is tantamount to being at war - there will be casualties (the commons go first) I am not suggesting to sell or buy - just be aware that we do not matter in the grand scheme of things. For now I'm holding my position, when that 2nd or 3rd extension arrives you may want to think twice about your loyalty to SDOC.