Those dirtbags over at "The Street" (Cramer & Dan Dicker) have been publishing hit pieces on SD for well over a year. Most days the articles are totally worthless & less than two paragraphs. They are just trying to scare retail investors to sell. As long as oil goes up to 70 within a year this company will be fine. Oil will be 80+ anyway.
We need dirtbag Iran to attack the dirtbag Saudis. Will help SD's stock price which is what is important. I could give two #$%$ about them.
Monday E-trade no longer allowed me to margin MHR. I got a margin call. I have sent them a check to cover it. Probably has happened to a lot of other people. I was fortunate to have access of funds to cover the call but many do not. The shorts know this & I bet we go up next week after all of the margin calls are done, This whole energy sector selloff is way overdone. Don't let some WS schmucks steal your money. Don't sell. This stock is way oversold & it's going to go way higher during the next several months if MHR is not sold.
Not that I give two #$%$ about Yemen but I hope those diaper heads in SA gets whats coming to them.
"The next round of high prices is likely to start later this year, as crude rebounds to the $80s and $90s, perhaps pushing to the $100 level by late in the year or early next," Hofmeister told me the other day after a trip to Calgary, where he was promoting natural gas as a transportation fuel.
You will be fine.....oil will come back the 2nd half of the year. Try to avoid watching the pps . It sucks right now so don't keep beating yourself up by constantly looking at it. This too will pass!
The big holders of SD like Coop will ride this out.I think SD will be sold within a year for a lot more than this manipulated price.The Saudi's are dirtbags & liars but they do like money. They will not continue to dip into their savings. Think about this. Even if they drive some smaller E & P companies into bk, those assets will be bought by stronger companies & they will buy the assets for less money, This in turn will make those assets cheaper to operate so the Saudis are going to lose in the end. I think the Saudi's are just trying to slow down US E & P's capex budgets down for the time being. Hope I'm right!
SD should release earnings for last qtr Thursday night from what I understand.
I wish I had sold at 7 but that's water under the bridge. This sell off is way overdone & that stupid beatch on CNBC is trying to spread fear that is unfounded. She probably is helping Cramer and his dirtbag buddies close out their short positions.