Does anyone here have a position in SandRidge Energy (SD)? If so I have a question or two so shoot me a pm.

I don't see the need for a pm in this case. I've been in and out of SD for years, currently am down to 25K shares.

I don't know anything that is not public info but we can talk about SD if you want to.

Gatogordo,

Thanks for the reply and sorry for my delayed response as I was in middle of know where Texas for the last week or so..

Anyway, I'll send you a pm with the exact nature of my query.

Jim Cramer on Mad Money backed away from Sandridge Energy today and pointed the caller to Magnum Hunter. (I don't have any history with either company.)

I personally stay a little clear of oil companies even though the oil industry was my profession. I got burned by small production company investments in the last big bust in the mid-80s. If it is not a "major", I don't go near it.

My only current oil/gas holding is BP, based more on the damage inflicted on the company by the Macondo blowout, and my belief that BP could ultimately recover from it.

All I would suggest is that you stay nimble. When the boom ends, and it will, the depth of the bust can take your breath away.

Having said that I am heavy in other areas of the industry; offshore drillers, pipelines, and energy service. There is good money to be made.

Anyone here follow sandridge's permian trust - PER ?

If so and what to chat please pm me.

Thanks,

Mike