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Post# of 63559
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SandridgeEnergy

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SandridgeEnergy

Re: Level2Me post# 59467

Friday, 01/13/2017 6:31:23 PM

Friday, January 13, 2017 6:31:23 PM

Post# of 63559
Not this one, it allowed them to get shares at $0.338 whenever they wanted. They could literally just sell 10% of that note the day they received (and a few weeks later, they did) it and make their money back. Where is the risk?

They traded $1M in cash for the right to buy $8M in stock with no time limitations. It's not an investment, it's theft from shareholders.
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Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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