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pluchel

pluchel
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  • SandRidge Energy: Disappointing Asset Sale Reinforces Valuation Concerns [View article]
    Rhmassing good reply. Let's see what is happening. 5 insiders bought SD on 1/2/2014 for $84,533. Hedge Funds Riverstone holdings has $301,033M, Carlye Group has $301,033M, L Cooperman has $200,741M, Fairfax Finn has$190,000M, Vanguard has $151,459M and Mount Kellett has $147m817M. I forgot TPGaxon has $212,226M. In addition these positions represent between 1 and 8 largest positions at thses funds. Not quite "all in" but substantional.

    I will go with the smart money on this investment not so-called analyst review.
    Jan 10, 2014. 12:50 PM | 3 Likes Like |Link to Comment
  • TransAtlantic Petroleum: An Interesting Story With An Upcoming Catalyst [View article]
    After reading the 10K I kind of remember that the Turkish government in trying to stop fracking in fact stopped all drilling. This was resolved months later which allowed conventional drilling but no fracking. Your take on this development.
    Aug 6, 2013. 02:01 PM | Likes Like |Link to Comment
  • SandRidge Energy (SD) will focus on drilling its most promising oil and gas properties while running a tight fiscal ship, newly appointed CEO James Bennett says, but his ascension doesn't mean SD is up for sale or that major parts of the portfolio will be sold. Bennett says he'll be different than predecessor Tom Ward: "My background is more financial in nature. I tend to be focused on returns and cost and allocation of capital." [View news story]
    Blackberryman, You are spot on.
    Jun 20, 2013. 06:38 PM | Likes Like |Link to Comment
  • SandRidge Energy (SD) will focus on drilling its most promising oil and gas properties while running a tight fiscal ship, newly appointed CEO James Bennett says, but his ascension doesn't mean SD is up for sale or that major parts of the portfolio will be sold. Bennett says he'll be different than predecessor Tom Ward: "My background is more financial in nature. I tend to be focused on returns and cost and allocation of capital." [View news story]
    It is hard to beleive that after losing 85% of company stock value that we are now giving Tom Ward 90 million. When is this give away of stockholders money going to stop?
    Jun 20, 2013. 06:26 PM | Likes Like |Link to Comment
  • While there’s been a lot of insider selling recently - SandRidge (SD), DirecTV (DTV), Lowe's (LOW) and Starbucks (SBUX), just this month - it’s not enough to concern investors, InsiderScore says. An uptick in selling during the first and fourth quarters is normal because insiders cash in shares for tax purposes during Q4 while restricted stock and options often vest during Q1. [View news story]
    Why is the SEC not investigating Tom Ward. He just traded on inside information selling 2,835,000 shares on 3/14 after realizing he was getting the boot then another 832,000 on the 17th. Everything he has done along with the Board is criminal and should be dealt with accordingly. He if gets on cent of severence the shareholders are getting stolen from again.
    Mar 27, 2013. 10:22 AM | Likes Like |Link to Comment
  • SandRidge Energy (SD) investors win an injunction barring the company's directors from attempting to strong-arm shareholders into rejecting a slate of board candidates backed by TPG-Axon in a March 15 proxy vote. SD has warned that replacing its board would trigger a "proxy put" under a credit agreement that would require it to offer to repurchase $4.3B in senior notes. [View news story]
    Great News! Tom Ward and this Board will try anything to retain control of their personal bank(SD). The 15th can't come soon enough and TPG-Axon better fire the group and not give them one penny. They have stolen enough.
    Mar 8, 2013. 06:08 PM | 3 Likes Like |Link to Comment
  • In its latest charge against SandRidge Energy (SD +1.8%), hedge fund TPG-Axon alleges that a company controlled by the CEO's children has amassed ~475K acres near SD's operations and would benefit from SD's efforts to build infrastructure there. But SD gets a vote of confidence from proxy advisory firm Egan-Jones, which recommends shareholders support the company's board. [View news story]
    Egan-Jones barred for 18 months. Said they performed 150 ratings of asset backed securities and 50 ratings of governments. The truth is they performed NONE. How do you miss 0! SEC called E-J and upstart firm. SD calls them on of the nations leading independent advisory firms. They are both liars and really make a wonderful team. Get rid of both of them and let TPG start working for the shareholders.
    Feb 19, 2013. 12:50 PM | 3 Likes Like |Link to Comment
  • The SandRidge Energy Board Of Directors Has Overstayed Its Welcome [View article]
    This is the worst Wall Street has of offer. Why isn't the SEC involved, are they waiting for shareholders to lose everything? Send in your green card and get rid of these bums, all of them. Lets give TPG a chance to make us some money.
    Jan 30, 2013. 04:49 AM | 4 Likes Like |Link to Comment
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