Sanchez Energy Corp - Ordinary Shares Institutional Ownership SNEC $0.125
Institutional Ownership 24.66% Total Shares Outstanding (millions) 100 Total Value of Holdings (millions) $3
Holders Shares Increased Positions 30/7,785,996 Decreased Positions 61/17,360,451 Held Positions 14 (524,506) Total Institutional Shares 105/24,621,941
Holders Shares New Positions 15/3,879,205 Sold Out Positions 39/12,901,502
Many sold out many held on and many opened anew
No new openers out there like UBC LOL but some healthy positions by private players.
This in my humble opinion is what many are missing, the big picture. Many pieces of the puzzle to be put together here.
Just a little info you might now be up on.
It is at this price definitely worth the look its easy double sell half and ride the rest free, I am not selling any personally til .36-.40 and then ride half free after pocketing a tidy profit on half of them first.
Just my opinions, many overlooked I think.
SNEC while oil was crashing like it was 1929 in December Sanchez did this.
Now, you and I know now that they were brought in to get things on point, reign in some spending and come out of the downswing in oil punching. Its easy to see now.
Well you know the shorts, negative Nellies etc they went hog wild with BK BK BK its coming. I knew it wouldn't for three reasons.
First the last insider buy was by Sanchez senior for 1 mil + shares at over a buck in early fall before the fall. Its their family company for goodness sake their name, the old mans legacy hi grandchildren's legacy.
The other interesting thing that happened in regards to the shares which is equally important, as stock has been awarded since the first of the year, what has been sold for tax purposes etc has been sold back to the company.
If the company does not plan on saving their legacy (old mans you and I know that) then he doesn't throw down and buy 1 mil plush shares. Then the company does not buy back at the dirt cheap prices insider shares.
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