Replies to post #4405 on SandRidge Energy, Inc. (fka SDOCQ)

[yaboy520]

I agree,

[life1]

Good point.If 2017 is the measure,then the list of companies trading with oil as a base in the US could be quarter of what it is today.

Funds ideally do not have any charter on where to buy because they are here to make money and example is Fairfax Financial who own 12% of Sandridge trade as an OTC stock under symbol FRFHF(no wonder they own us mostly).The stock is valued at 11 billion and price of the stock is 490$ :)

And I think every single oil company be it producer or driller who has moved to OTC would love to trade here as their expenditure to be listed as well can be saved during these tough times.

International community claim July until Dec 2016 should be the time oil should move back to 50 $ levels.
All said and done,Oil is a geopolitical vehicle.

One small stone thrown from a country to the other in the middle east can catapult oil to 45$ in 30 minutes.She is sensitive as she is...

Patience pays!!!

[oilfieldmafia]

You can bet many more will join them here in the OTC before it's all said and done if we continue on the trend.