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SandRidge Energy, Inc. Message Board

  • boar292hog boar292hog Jun 13, 2012 4:16 PM Flag

    Wow! 6.00 is an opportunity IMHO!

    SAC loaded up w/more SD. GM says they will have a PU truck in 2013 that can take both regular Gasoline and CNG!
    Lets see....if SD moves to 8 bucks over the next 12 months thats a 33% return for new money. 9 bucks is what!? A 50% stiffy!?
    OIL being held down by Saudi's who have cranked production levels up to an all time high. Why? Twp notions, maybe this is Saudi's answer to the impending CNG conversion but it might also be a slap in IRAN's face, Saudi's hated neighbor. Either way, it won't continue! Of course US production is cranking up and so are other parts of the world but not to worry. DEMAND is also inching up despite tdays negative headlines but even if one disagrees with the notion......well, i think no one will deny the future growth of the world will place its heaviest demand on OIL and slowly CNG as the conversion grows.
    Who wins? Energy! Who is a very cheap company that has a toe in both pools? SD !

    All IMHO of course but 6 bucks is cheap given what lay ahead in the ENERGY world!

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • LOL ... you are going to stick around 12 months for a 2.00 increase?
      Are you serious?

      It was over 8.00 just 5 weeks ago.
      If it remains at this level another couple of weeks I am backing up the truck and good luck to yall.

      • 1 Reply to stock_fanthom
      • I will likewise be backing up the truck... .
        I have said it before and I will say it again and all IMHO of course but SD continues to EAT or get eaten! Bought out!
        Its all about the assets in the ground and Ward is slowly converting assets into revenues as he ramps up production rates.
        SD is under loved, ignored, hated, but Wall Street will be back! The good news is that by the time Wall Street is convinced, SD will be back over its 8 range...and on its way to a triple.
        I see SD doing a triple from the 6 range over the next 24 months after some serious economic soul searching around the world which will spur growth like never before! Which of course, means massive ENERGY demands that will stay around for decades!
        All IMHO of course!

 
SD
6.58-0.26(-3.80%)Jul 11 4:02 PMEDT

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