Yep, never lost money on this stock called the price movement numerous times near perfect, etc and I'm the poor investor. You guys are such a joke it's ridiculous, I mean many of you have made new ids just so you could try to speak with some credibility on this board. You sir are a joke
right about what ????? shorting or selling from 5.25 ????? averaging up to short at 5.56 ???? I'd say your about even ....... my long average , even with the stupid mistake of buying 2 more K at 5.57 is apprx 5.25 at worst ....... I'm doing okay , probably about the same as you , so whatever "magic" you have is mostly in your head ......... as usual ...... but congrats on the down day
I was averaged at 5.47 and sold around 3/4 of my shares at 5.702. And am now averaged at 5.09. I said when I sold sd would fall. So far, so good. I see it at 5 and very low change, maybe even lower if earnings disappoint by too much
The $7+ billion of debt is not that bad if you mark-up their assets and include lease options. The biggest ? is how productive those assets will be and at what price. The horizon of exactly when SD will go cash flow positive is blurred somewhat, but it is getting clearer and clearer with each earnings report. SD producing $0.65 EPS in 2015 is not a far fetched number, multiply that by 17 and it gets you to $11/share (conservatively). Of course any weakness or strength in crude/nat gas pricing could impact the market valuation correspondingly. All IMHO.
lol if nat gas hits 6 dollars (which I believe it will once the export facilities open) SD's ROR will be as good if not better than any other play...eagle ford, bakken ect...and not to mention our WTO? get out of here...sd will not be toast