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SandRidge Energy, Inc. Message Board

  • cmontx cmontx Apr 23, 2013 9:35 AM Flag

    Buy More Stock

    I think if TPG, Cooperman, and Mt Kellett are serious about enhancing shareholder value, including their own, they need to put more money where their mouth is. If they each went out and bought 30-35mm shares each at 5 or so avg px, that would remove any doubt about their intentions for us. It would also smoke out the shorts for a good while. If I had the handle on driving SD to 10 in two years, I would definitely be scooping up all this 5 dollar stuff. I don't, and I am still buying below 5 today. That is what has me concerned here

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    • imho. Think they may have established their initial base position. I don't think they are worried about the drop from their average position costs. They are not that concerned about the smaller investor being inpatient about the share price not going up fast enough. They want to make strategic moves (which they are) to reduce costs and increase revenues and production. They already have made several nice moves...they now control the company etc. Patients is needed. Longer term the big payoff may be a big buyout after they get share price significantly higher...investors need to be patient...I could have made really good money on a lot of stocks if I
      was patient and did not listen to garbage analysts ratings and evaluations..imho good luck

23.28Oct 27 4:00 PMEDT