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SandridgeEnergy

02/26/18 11:59 AM

#62132 RE: CashMoneyCarl #62131

Sales never really grew that much organically here. They grew in two ways:

1. Acquisitions
2. Burning through cash from the Cowen raise

When acquisitions stopped and they had to slow down cash burn to avert bankruptcy... sales growth stopped too. Not to mention the accounting issues and management turnover.