Those added shares are beginning to pay off, when others have fear, be fearless. Just a short time ago when oil ran back up to 60, ERF went to 12, that's a double from here and still believe this will hit 16pps in the near future, 6/9 months.
That' okay, but not trying to fool people, like I said Jolaz was right most of SD's enterprise value is debt, if there was so much value in SD why is it trading for 0.27 cents, see following definition:
enterprise value is what it would cost you to buy every single share of a company’s common stock, preferred stock, and outstanding debt.
I disagree, you will see companies fail and the survivors will not be running to buy the assets/leases, production will remain lower and stabilize, prices will go up and then the cycle will repeat itself.
I'm sorry but you need to find a different hobby. Jolaz69 said it correctly, there is no value.
You are comparing Apples to Oranges. If SD hadn't piled on another billion in debt, it was a maybe, but, they have placed their last bet, it's survival or BK.