This company is super undervalued and it's gonna be a big winner.
Vanguard Group just bought 27million shares 8 days ago.
http://www.sec.gov/Archives/edgar/data/1349436/000093247116011660/0000932471-16-011660-index.htm
of course it's entirely possible that they dumped them in 8 days time.
>>1100455
they are going to restructure their massive debt when their stocks are as low as possible.
this is all contingent on whether the company can restructure their debt to lower their interest payment on their massive 4 billion dollar debt.
the stakeholders have so much more to gain by restructuring because right now Sandridge is worth pennies and if that is split between stakeholders, they lose billions, literally.
So Sandridge will restructure because the stakeholders want their money ofc. their CVP still has 250,000 shares of SD:OC.
Vangaurd Group bought 27 million shares of SD:OC 8 days ago.
Right now it's dipping hard as people are getting out because of all the people saying it's gonna crash...
It's all contingent on whether SD:OC can restructure their debt, and restructuring is in the stakeholder's best interests because if SD:OC goes under, then they will all lose billions.
http://www.sec.gov/cgi-bin/browse-edgar?company=sandridge+energy&owner=exclude&action=getcompany
look at all these companies buying up SD:OC Stock.
Of course that was weeks ago, they could have possibly dumped all their shares between then and now, because SD:OC hit a big spike in the last 2 days and suddenly dropped off earlier today.
holy fck.
Vangaurd Group bought 27,252,815 shares on 2/10/2016.
Sandridge Energy was about at 3 cents a share ($.03) 8 days ago, this means somebody from Vanguard dumped $817,584.45 into SD:OC 8 days ago.
Fairfax Financial Holdings bought 68,924,029 shares of SD:OC on 2/12/2016.
It was still at 3 cents ($.03) per share 6 days ago, so that means Fairfax Financial Holdings dumped $2,067,720.87 dollars into buying SD:OC at 3 cents a share.
Why would these Financial giants spend that much on SD:OC stock if Sandridge isn't poised to come back strong after debt restructuring?
>>1100455
im holding 1100 shares at .68
the way i see it is if it goes to zero it goes to zero. If oil recovers then it'll most likely come back up above 1.00
might even reverse split
>>1100455
obvious pump and dump is obvious.
>>1100532
shares at .04 right now.
if you spend $1000 on it, that's 25,000 shares.
if a reverse split happens but fixes the stock value, your earning potential is severely camped but if it recovers then you still have made a tidy profit.
>>1100535
pump and dump with 68 million and 27 million shares?
that's a lot of shares to pump and dump.
>>1100532
if the stock does a 1 to 100 reverse split, that basically fucks over every single stock holder, lel. unless the share goes up to $30 a share or something.
