Replies to post #2655 on SandRidge Energy, Inc. (fka SDOCQ)

[CashCowMoo]

I suggest looking up on the problems in china right now, and the data on our crude inventories being higher than expected. Had a good little ride around 60 a barrel past what...2 months or something along those lines? Of course Goldman is going lower now on their forecast for the end of the year. October is not looking so hot.


So if the oil price stays at this level or even lower which it very well could be...maybe a dollar on some kind of speculation but it wouldnt last long if at all in my opinion.

[catdaddyrt]

it's not the view of SD that's the problem it's the debt, low oil & piss poor management - there is no way out- BK is imminent imo