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SandRidge Energy, Inc. Message Board

  • econ_recovering2009 econ_recovering2009 Feb 1, 2013 10:53 AM Flag

    Dow SP Breaking Above Key Resistance...SD Fundys Rising

    Dow broke above key resistance 14K, SP about to break through 1511. SandRidge fundamentals rise in Revenue, Gross Operating Profit, Gross Operating Cash Flow since Sept 2010 on 1day chart is far higher than in 2008 when the stock price was far higher. EBITDA flat since Sept 2011 is a key metric to watch.

    Institutions % SD shares rising since Aug 2012 and Nov 2012 shows they are scaling in to SandRidge.

    Healing banks, housing, cars, jobs in US, Europe and China is causing some companies to firm up guidance. Any uptick in SandRidge EBITDA should trigger SD to rally well.

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26.50+0.55(+2.12%)Oct 25 4:00 PMEDT