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SandRidge Energy, Inc. Message Board

  • bogwa1406 bogwa1406 Apr 16, 2013 10:50 AM Flag

    You can argue until you're blue in the face over SD's valuation...it boils down to who you believe and

    I believe TPG/Cooperman would not have bought SD at share costs significantly higher than present if they believed the company was worth LESS than they paid. Their logic was to pay "More" than something is worth in order to take control and sell something for less than they paid for it ? I don't think so...and I doubled my bet yesterday.....yes "BET"...if TPG/Cooperman is wrong but I really don't think they made the move without significant valuation investigation, far in excess of what I have access to. This is purely betting on bigger Money with more resources...and my entry is at a much lower cost basis...so if they win...I really win...if they lose...I've torn up lottery tickets before...and lived. It is really that simple. GLTA

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SD
1.72-0.12(-6.52%)Apr 27 4:06 PMEDT