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SandridgeEnergy

12/29/16 4:12 PM

#59350 RE: JimZail #59275

Sorry to say but if you trade this intelligently you are not a "true long".

It's quite possible to make significant gains on this if you use it as a trading vehicle, and it looks like you have. Congrats, you are doing the same thing as me. Next year my trades are going to be much much smaller than last year though. 2016 was easy money trading this stock, but I don't think the easy trades are around forever.

While Nelson never had any credibility with me, he at least enjoyed credibility with others which I was able to take advantage of in my trades. It was pretty easy to predict when he was going to try and PR the stock up, and for some reason people actually believed him. Since the disaster that was the last quarterly results I fear that very few people with any money left to dump into this have any faith in him.