Replies to post #7602 on SandRidge Energy, Inc. (fka SDOCQ)

[betahighlander]

Oilfields- Do what you need to do. You do not need to justify to some anonymous poster.- Good luck. I am staying with the pfds.
this is a dangerous game of "chicken" they are playing, However i am thinking they will make the interest payments, and get a good restructure deal. But the company has definately stepped outside the comfort level zone for 99% of shareholders.

best of luck to you and your family.

[SubstitutedPinions]

I also see this as potentially not over.

Glta

[goodietime]

If they for some reason, DON'T make the payment, wouldn't that indicate a possible lead to BK?

IF THAT HAPPENS, wouldn't they lose all that cash ANYWAY?

[AwolfmanH]

Also wondering how much of that cash is from their LOC. Let's see if they can restructure or something. Otherwise default in my opinion