InvestorsHub Logo
Followers 7
Posts 507
Boards Moderated 0
Alias Born 04/23/2014

Re: SandridgeEnergy post# 58068

Wednesday, 08/10/2016 10:29:19 PM

Wednesday, August 10, 2016 10:29:19 PM

Post# of 63558
If you're going to invest in a company you should probably have spent some time with due diligence research. Not reading SEC filings is a rookie investing mistake that professionals should not make.

Let's put this into perspective: A company that will reach $115 million in revenue this year is compensating top executives $3.6 million total in, fully disclosed, performance bonuses. That equates to 3.13% of total rev.

3.13% of rev in exchange for multiple successful mergers and acquisitions, talented executives, and impressive financial performance.

Ladies/Gents, we're not in penny land anymore. As more and more institutional investors take wind of this gem, price action will stabilize. However, overall sector performance will always have an effect which didn't help much today.

I'm going to stick with this like usual and continue to load up on any dips. Here's to a bright and sunny future.