Sanchez Energy Corp. (fka SNECQ)

[tdeck]

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.

https://www.houstonchronicle.com/business/article/Sanchez-Energy-taps-restructuring-firm-amid-13442790.php

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.

https://fintel.io/n/us/sn

And you don't bring in an outfit to restructure like the quality of the ones they did if your just gonna blow the whole thing up.

Company buying as its falling from .36 down, cutting Cap Ex to the bone opening up cheap cost wells that produce $$ and more $$.

May not have explained it concisely enough but, its plain and simple and its the easiest win out there in oil for the price IMHO.