+ Watch SD
on My Watchlist
The company engages in the exploration, development, and production of oil and gas properties.
P/Sales of only 0.25 and having traded above $12 since going public.
Oil needs to turn around quickly for this stock to survive.
Lemming Pick - Daniel Dicker phase two shale bust calls
lets see if oil comes back.....
Lower Oil price
Oil is near bottom in my opinion.
Under valued and not going out of business. Oil will rise when OPEC reduces suppply. This stock will triple in the next few years.
Down as most E&P companies because of dollar being up, Energy ETFs being shorted, but mostly because the COO left and there is concern as to whether or not his replacement will be able to "navigate the ship" as well.As long as I am in under $5.00, I am willing to be patient and see how things play out. They are most definitely not going out of business, and given time, I expect them to work their way back. Do your own DD, but this is not a bad price for taking at least a small position. JMO and worth exactly what I am charging for it.
new management, not paying tom wards hefty price.
New management, maybe it will improve?
looking like a good value
New management has already started to transfer the profits to the shareholders rather than internally
Bought IRL at 5.05. Based on return and expected profits, I see at $9+/share by 2016.
SandRidge is ready for a major comeback.
Long term pick.
We are past the bottom on SD. This energy producer will do well as it moves past the corrupt management fiasco of last year. Fool on!
The increased use of horizontal drilling for the production of Oil and Natural gas liquids will be money makers even if oil prices decline and they will make a lot if prices increase, Increases likely due to the never ending problem in the Middle East. Play the right companies right here in U.S. and cash in.
There is value in the company once they spend more time developing their assets. Ditching Tom Ward is also a plus
This bad boy goes higher without their crocked CEO WARD - Bye Bye
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