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7 pts

Opinion on  S&P 500 SPECIAL OPENING INDEX (SD)
Firm belief this stock will rise

Jun 16, 2008 08:32 PM GMT
Condor
Return Risk
-6.50% HIGH
Sr. Analyst

SandRidge is in a great position.  They are a diversified player with their hands in natural gas as well as oil and gas operations and exploration.  News broke recently about some very peculiar Sep 80 call volume on the options exchanges.  While it could mean nothing, I'm going to take it as a big fat hint that we're looking at a minimum of 20% more gains on this stock over the next several months.  You can read about the options volume here .


Update 08/16:

This pick was so good it proved I'm excellent... at losing money.  Thankfully I've been out of my position on it for well over a month. I'm showing some resistance at about 28.50.  Will check it out once it gets down there. 


SD:  This call was made on 06/16/08 @ $63.43
Rating:   Positive   $63.43 (06/16/08)
Gain/Loss:   -83.26% in 510 days


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