Feeling the short squeeze, huh? You ain't seen nothin' yet.
SD has $2.1 liquidity (cash plus revolving credit) vs $1.2 funding gap for 2013, and there's no long term debt due until 2015 (or 2018?) the earliest.
With the Permian asset sale (which brought in $2.6B), further decrease in capex and leverage, increase in drilling efficiency, ... all these talks of BK are just lies from shorties.
Note that 70+% of shares are held by institutions, who got in in the teens and higher.
Their fund managers don't sell unless they break even, once the turn-around becomes apparent, which is case of SD right now and right here.
If you shorted SD below the recent height of 5.66, which signified the exhaustion of SD's downward momentum, you're in a house of pain, and prepare for more pains to come.
Cooperman knows what he was talking about. He didn't get where he is now by blowing hot air.