Something interesting that might be negative short term but positive long term.
Sandridge and Amplify have scheduled conferences calls at the same time on Thursday. Sd could pay 120 million for ampy's Oklahoma properties. This would increase production by 50% and reserves by 100%. Ampy is under a cloud because of California spill, too much debt and hedging. Cash from Sd would solve that problem. Problem is Andrei from yahoo will surface and say he told us Sandridge would blow the money on an acquisition. Still increasing production by 50% plus they can save on Administrative costs (same area of Oklahoma) , so they earn maybe 6-7 per year. 8 * 6.5=52 and the warrants are 11. Okay too much caffeine, I am delusional! I am sure I must be imagining things.
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