About Cooperman's call on SD being $10 or bankrupt in one year....since SD is fully funded
for the next year, I guess one could surmise it's a call for $10. Even if they weren't fully funded there's the GOM and noncore real estate available if more cash is needed or they want to further reduce debt. Either way bankruptcy isn't on the table.....natgas pricing going forward will be the gorilla in the room....with more demand daily and NG rigs at lows and fast declines in shale gas....a good normal winter will bring the gorilla out of the jungle. JMHO...GLTA
I agree, SD,.. NOT,.. a chance of Bankruptcy!
Cooperman,.. is NOT dumb!
No one puts that kind of Money into a loser stock!
Dinakar Singh and TPG,.. SAME thing!
This "rally" tells me,.. Miss Lime BETTER than thought!
14 cent jump in natgas pricing this morning shows the gorilla isn't all too far away either. LOL.....this could get very interesting over the few quarters......From $5 a share to $6 = 20% gain....$10 would be a double........who knows....but Cooperman was 10 for 10 last year.....soooooo odds are decent. GLTA