The company engages in the exploration, development, and production of oil and gas properties.
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Closed and re-opened to more accurately reflect my actual start price for a longer term hold.
Bought on the market dip and now have all I want.
Will watch to see how thing play out with the "control battle", to see if they bit off more than they could chew.
Hopefully, whoever ends up running it knows what they are doing.
They have the assets to make money, just hope they have the "know how".
JMO and worth exactly what I am charging for it.
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The change of control at Sandridge that was recently forced by the activist investor TPG-Axon is liklye a good thing for the company going forward.
Deej
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can 30 stocks randomly picked from a bag of scrabble tiles beat the market? there's only one way to find out.
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Morningstar pick.
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Permian sale gives the company the financial flexibility to reinvest in its higher growth Mississippian acres. Cap Ex plans now fully funded through 2014.
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This is a shakey stock. Management within this company has been mediocre at best. This company has been trying to run before it can walk in certain areas. However, with a change within management that, based on research, is almost immenent, the company is poised to be a long term winner. That's why I've chosen outperform here over a two to four year time period.
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Doubled Down for an average cost per share of $7.08
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My psychic powers as an early seller going against my wondrous losses; like TASR, MAKO, etc.
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One of 2 things will make this BOOM - kick out the CEO and stay the course or keep the CEO and the investors discover MS Limestone
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Sensible management. Will boost production and income in coming years. See what it does by troubles in Persian Gulf!
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I think SD is in a great position to profit heavily in the near future. Whether oil prices raise or natural gas leads the way SD will be there.
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stable, now ready to grow profit
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NW KANSAS MAKE THIS STOCK GO BOOM BOOM
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It's time for this to get to proper valuation!
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Buy when gas is low. Sell when gas is high. Easy peezy lemon squeezy.
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betting on the long term recovery of natural gas prices
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I think their smart in buying all that land before everybody else.
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http://www.fool.com/investing/general/2012/05/03/the-ultimate-contrarian-play.aspx
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Stong CEO will double/triple stock price in 3 years. $7.54 today 4/27/2012
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I believe this is steal at $7
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