• HFI
    Exited $BBRY completely, and used the proceeds to buy $SD. Risk/reward on SD is beginning to look extremely attractive.
    2/15/13
    Reply (13)
    • Gabu: Probability of TPG winning is also high
      2/15/13
    • Gabu: In that case, $SD will further go up...
      2/15/13
    • HFI: The overhaul of the board will most likely succedd, which will unlock at least partial shareholder value given that costs will decrease.
      2/15/13
    • Grand Nagus Kelly: SD is almost too big to fail but it's still SD. Just can't buy it man.
      2/15/13
    • HFI: What do you mean by too big to fail?
      2/15/13
    • Scal80: $SD says default possible if board replaced: http://reut.rs/Ydq8CM
      2/16/13
    • HFI: Yeah that's if the bond holders want to redeem back at a lower price than the current market price... Which they won't.
      2/16/13
    • Scal80: Thanks! What are the entry/exit points? Overestimated Mississippian oil returns and if BOD replacements happen or not make me hesitant.
      2/17/13
    • Grand Nagus Kelly: It's like CHK Wilson. Loads if assets and employees. Market won't let it crash and burn no matter what. Neither will politicians
      2/17/13
    • HFI: ah understood. yeah, there's the risk of overestimating the Mississippian lime play, but I believe if it is even over valued by 100%.
      2/17/13
    • HFI: the current stock price doesn't even reflect that. The current stock price is reflecting a failed scenario.
      2/17/13
    • Scal80: Thanks for the input guys. If I jump in on it now what would be a good target?
      2/18/13
    • HFI: The risks inherent in this is: if the board isn't replaced. If the underneath assets are SUBSTANTIALLY overvalued.
      2/18/13
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