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SandRidge Energy, Inc. Message Board

  • bogwa1406 bogwa1406 Mar 20, 2013 4:54 PM Flag

    Wonder if TPG...will look at the number of units held in the various trusts......quick $$$$ source to pay down debt.

    It's just a matter of which yields more to the bottom line..the trust units...or the reduction of debt they yield.

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    • Bogwa I like the bulk of your posts but if you are in anyway saying they should sell their trust shares I would have to vehemently disagree with you.....From a selfish perspective I own both the common and the trust (SDT)...These trusts are trading at almost all time lows....any selling pressure into them will drive them down even further..and reduce the revenues to SD greatly.....They have been a disaster to most that have bought them - the depreciation in share price far outweighs their royalty value at this juncture.......Money is moving out of the trusts - SD selling them to raise cash would not be prudent at this time....it probably would create more problems for them from a legal perspective....my opinions but I'm a realist here...

      Sentiment: Hold

 
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