SandRidge Energy Inc (SD)

[jtomm]

Yeah, I've seen that reported in multiple places, so I think it's accurate. A setback for sure, but hopefully not the end of the world. Yesterday kind of felt like the start of a pullback in energy. All my energy stocks were up huge yesterday morning, and these charts have just been going straight up. Even before the fire was announced, nearly all the stocks had come back down to almost no gain.

If it's truly a pullback and/or how long it will last is anybody's guess. We'll see. Half the battle is acknowledging to oneself that no one knows the future and there are no certainties. Everyone tries to assess risk and probability in real time, and that's the best you can do.