Replies to post #8399 on SandRidge Energy, Inc. (fka SDOCQ)

[mikoli007]

The payments represent a massive vote of confidence coming from management. /quote]

I like it!

[legalizeMJ]

LINK:The payments represent a massive vote of confidence coming from the SDOC management.

http://www.microcapdaily.com/50-million-interest-payment-sparks-sandridge-energy-inc-otcmktssdoc/115159/

SandRidge Energy Inc. (OTCMKTS:SDOC) has seen a massive surge in volume and price in recent days after the Company made $50.1 million in interest payments to bondholders. On March 15, 2016 SDOC made payments of approximately $21.7 million in satisfaction of its obligations under the 2023 Notes. Further, on March 16, 2016, the Company made approximately $28.4 million in interest payments then due with respect to its 7.5% senior notes due 2021.The payments represent a massive vote of confidence coming from management.

SandRidge is the largest oil producer in the water-rich Mississippi Lime formation in northwestern Oklahoma and accounted for about one-third of all the produced saltwater disposed into Arbuckle zones in 2014, according to an analysis of volume data from the Oklahoma Corporation Commission.

SDOC is a big Oil company.
SDOC= Strong Buy.
Go SDOC $$$$$$$$$$$