Seeking Alpha

SandRidge Energy (SD +4.3%) powers higher in the wake of TPG-Axon's Friday request for allowing...

SandRidge Energy (SD +4.3%) powers higher in the wake of TPG-Axon's Friday request for allowing shareholders to vote on replacing the company’s directors, clearing the way for the company to be sold. In response, SD sets Dec. 13 as the record date for determination of stockholders who are entitled to execute, withhold or revoke such consents.
Comments (9)
  • Even if it is sold, how much could it fetch? This company has so much Debt and preferreds that are callable...
    3 Dec 2012, 12:45 PM Reply Like
  • i will take $10
    3 Dec 2012, 12:55 PM Reply Like
  • that would be MONEY $$$$$$. Im not sure thats possible though.. i was thinking more like 8 something is the max
    3 Dec 2012, 12:57 PM Reply Like
  • ok ok, fine, be that way....write me a check for $8 / sh and we'll call it good
    3 Dec 2012, 12:59 PM Reply Like
  • hehehe.... you ever read that article about the preferreds i sent you? I havent done the math but it seems if shares reach 9 those will hold the stock back
    3 Dec 2012, 01:01 PM Reply Like
  • if the stock reaches $9 i will consider myself a blessed and lucky soul. Then i will ring the register
    3 Dec 2012, 02:08 PM Reply Like
  • $9 or $10 is good with me
    3 Dec 2012, 04:43 PM Reply Like
  • This company after dept is paid would bring $14 per share......
    4 Dec 2012, 04:39 AM Reply Like
  • I just want my 10 back and I hope I never hear about SD again. Throw them all out.
    4 Dec 2012, 10:54 PM Reply Like
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