Replies to post #11649 on SandRidge Energy, Inc. (fka SDOCQ)

[56Chevy]

You're confused on all points..but good luck.

[Enterprising Investor]

Legacy AA shareholders ended up owning a smaller stake once the debt was swapped for equity.

One of the few cases that I did not follow. However, I suspect that creditors who received equity have outperformed old shareholders from the filing date forward.