MAC wants 100% cash, not Simon stock. MAC is smarter than you are. They know Simon is a leveraged beached whale. Traditional retail malls are toast.
It just goes to show you Aubrey patsies what you don't know.
Exxon isn't going to save you either. They need cash to continue to pay the dividend, not buy debt heaps like this one.
Who do you think you are? Greece !
Terry Swift needs to lead by example. He should be raiding his grandchildrens piggy banks to buy Swift stock on the open market.
No, just the bad ones. Swift Energy is trading at 1/10 of net tangible assets. Can you read a balance sheet ?
That was October 2014 news. CHK stock is down another 23% since then. Why don't they use that cash to pay down debt and/or buy some of their stock on the open market ? This place still has the stench of Aubrey in it. Remember when your Board bought his lousy 'art' to save him from a margin call ?
Can you spell....FEAR ?!
CHK is not entirely hedged, and the hedges in place only last so long.
Suppose oil and gas prices stay down, and go lower ?
That suggest that STO is searching around Houston for far better VALUES in the natty gas patch.
You know the type, 1/10 of book value, rather than 3 X book value!
Mr. Hospitality SHAK does not hold patents on wine, burgers, and fries, but your PE ratio of over 600 suggest that you not only hold patents, but that your food cures cancer.
I challenge the shorts to find another hydrocarbon company trading for pennies on the dollar of net tangible assets.
Bakken will still return to it's old name; Badlands. When Buffett's railroad is the only thing making a profit, you folks will wake up. $100 oil is gone. $50 oil is gone. EOG stock has a lot more correcting to do. Enjoy your 15 minutes of STO faux fame. So far I don't see a cash bid.