Sometimes you just have to shake things up. Can you imagine how high this stock would jump if they dumped Ward? A new CEO would come in and get the company sold. IF we can't get rid of Ward I wish Carl I would get involved.
Do you really want them to cut Capex and spending? Carl I. wouldn't change a thing. This Co. is dead in the water if they stop drilling. Selling off SD assets would yield a total melt down of this operation. Why would you want to sell a company at the bottom? The ignorance of this board amazes me sometimes. This is a high risk play. You would be best to treat it as such.
"Why would you want to sell a company at the bottom?" you asked.
Tom sold 74 million shares at the bottom to buy DOR.
He got while the getting is good picking up an extra $400M the other day. He should buy back some of those shares with that. With the rest he can either pay of the 10% 2016 debt or deploy more rigs. If CHK has an Ok Fire sale on wells next to our SWD sites thats fine by me also.