You seem very knowledgable and I know you prob dont want to tell another man how to make his decsions. Would you say let this ride out as an investment or trade? Im just looking for it to go back to 2$. You think that is possible with your expertise in what you have seen in the oil market?
SDOC was only able to make the interest payment because of all the cash they have on hand. Borrowed cash I might add.... Also the expectation is still restructuring within 6 months. BK is not guaranteed...it is most likely though. If oil prices continue recent action, they might be able to renegotiate their debt.... And if that happens, much money will be made by SDOC shareholders
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