Replies to post #478 on SandRidge Energy Inc (SD)

[creede]

Niiice. For the record, you did not buy those from me. I am looking to sell a few in the .15 range. Trying to get my seed money back out.

Also, trying like heck to avoid a repeat of LMB warrants. I let 50k warrants expire worthless. Could have sold them all above $1. Got greedy looking for $2

Here's a repost from a post a made earlier on Ernies Warrant board.

creede
Member Level
Thursday, May 26, 2022 9:59:59 AM

SDRWW - Strike Price $41.34 - Exp 10/04/2022

SDRDW - Strike Price $42.03 - Exp 10/04/2022

Disclosure: I am way overloaded in both warrants. Started buying them in the subs. Have not sold but a few on the way up. Trying to recoup my seed money, while also trying to keep as many as possible. I figure these warrants will go bonkers if the commons get into the 30's anytime soon.

EDIT: I did the math. I am -$2,518.14 at the moment on both warrants (combined total).

Wish me luck!

:-)

[creede]

Just think...

If the price of the commons doubles then warrants are worth about $10 each.

They are 1 for 1 - which makes them more valuable.

WOW

The price of NG in Europe is $30

Not hard to image the price of NG will hit $20 in the states.

The price of SD should rise according to where investors think the price of NG is headed.

This huge move may just be getting started.

It's thinking along these lines which makes it hard to sell the warrants even with an EXP of 10/04/2022!