Sandridge Energy Inc (SD)

[brandemarcus]

ot-I am glad you are satisfied about syncora- I am not-it should be three or four times the price it is trading. This run up should have happened months ago.
The market is frustrating! So on the sycrf board there was a post by "Slim Charles" to add to Bunk Moreland (WIRE-HBO). Completing the Baltimore connection -James Mcnulty one of the protagonists in the show tries to impress a women by claiming that he works for Legg Mason not his actual job as Baltimore Police Detective. I wonder if Legg mason is done with sycrf -perhaps they have some pfd and are hedging with a small short position in the common.

As for sandridge, it was a risk worth taking. Same for allied nevada, atna resources which also went bankrupt before the turn in gold. Gss, ntcpf , usapf have gone up more than 5 fold from their bottoms. They may go down in the short term but will probably go up 5 fold more at least. If you didn't tell me about Sandridge - I would not have found out about Swift energy. I am involved in that plus trusts hgt and royt. When those move , hopefully the uranium's will be asleep or the penny agricultural stuff. I did not have that much krltf when it moved -but perhaps still undervalued.
Now the sycrf profits after it's true value is hit will be parked back in Gse's ( talk about a long wait!). Thanks for the post. Let's find another place before the board is gone!
I am not in "the market" in regular stocks as I have no special advantage. Perhaps I will buy bac or gnw if we are lucky enough that the gses' and sycrf reach their value.