Replies to post #734 on SandRidge Energy Inc (SD)

[jtomm]

Yeah, could be sell on the news, but personally I'd guess it has more to do with the EIA numbers that came out.

As far as earnings go, there is still hope of a special dividend or a buyback being announced. If that happened, it might give a 10-20% boost to the stock. Funny thing is, I think it would have had the same percentage boost if we were trading at $35 and the future was looking bright. So in the heyday, maybe a one-day boost of $7, whereas now I'd guess a max of $3 boost.

And there's obviously no guarantee that a div or buyback will be announced.

[ErnieBilco]

Ha, just saw they are reporting after the close