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Buy SD
down 99.22 %


Posted on: Sunday,  Nov 2, 2008  1:20 AM ET by George Soros Top Holdings

George Soros Top Holdings rated Buy SANDRIDGE ENERGY INC (NYSE: SD) on 06/30/2008, when the stock price was $64.58.
Since then, SANDRIDGE ENERGY INC has lost 99.23% as of 08/27/2015's recent price of $0.50.
If you would have followed this George Soros Top Holdings's recommendation on SD, you would have lost 99.22% of your investment in 2614 days.

SandRidge Energy, Inc. is an independent natural gas and oil company concentrating on exploration, development and production activities. The Company is focused on the exploration and exploitation of its holdings in the West Texas Overthrust (WTO), a natural gas prone geological region. The Company owns related gas gathering and treating facilities, a gas marketing business and an oil field services business, including its drilling rig business, Lariat Services, Inc.

Soros is famously known for "breaking the Bank of England" on Black Wednesday in 1992. With an estimated current net worth of around $9 billion, he is ranked by Forbes as the 99th-richest person in the world. Former Federal Reserve Chairman Paul Volcker wrote in 2003 in the foreword of Soros' book The Alchemy of Finance: George Soros has made his mark as an enormously successful speculator, wise enough to largely withdraw when still way ahead of the game. The bulk of his enormous winnings is now devoted to encouraging transitional and emerging nations to become 'open societies,' open not only in the sense of freedom of commerce but—more important—tolerant of new ideas and different modes of thinking and behavior.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/30/2008 4:00 PM Buy
as of 12/24/2008
1 Week down  -13.49 %
1 Month up  20.95 %
3 Months up  13.48 %
1 YTD down  -87.48 %

(*) Stock Price at the time of the recommendation.
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