OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Sandridge

Posted by redneckokie1 @ 18:32 on May 17, 2016  

hpoefully anyone who followed my recommendation sold half when it doubled. The stock went from .06 to .02 after the announcement of bankruptcy. I don’t think current stockholders will be kicked out but the debt holders are converting to some form of debt and equity. Maybe a new class of preferred stock.

i will post again when I hear more details of the chap. 11 reorganization.

 

rno

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Go to Top

Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.