Use it to your advantage, I have been doing some great swing trades. I am long, but don't mind this kind of extra action, doing same with CHK
The word was "Unaudited" and they don't know the number due to corruption. The other words were "revalue assets"
they have taken impairments on shredders they had over paid for etc,. look at a ten year chart, that pretty much tells the story. Nothing changes until the idiot running MEA is gone.
go look at their quarterly reports clown, if anyone bogus here it is you. Book value was in the fours, then threes and now twos, geeeeeeeesh
Maybe they are interested in the whole play including SD and their Sal water disposal
Oil India looking at Chesapeake's Mississippi asset: executive
NEW DELHI (Reuters) - Oil India is looking to buy a stake in Chesapeake Energy Corp.'s Mississippi Lime Formation in Oklahoma, the Indian state-run explorer's finance chief said on Monday.
A source told Reuters in April that Oil India was interested in buying a stake in the asset.
Own position in NUAN, though have no creedance on Baidu rumor , still nice to hold stock others talk about, With that said also hold and added this week SAN, seems Soros has an interest. SD is only one play, though seem Client and Wi only spend their time here, LOL
Sorry, Icahn is heavy with long term hold on CHK, and is staying with it, no interest unless CHK bought SD, which I think is possible and have posted this in the past. Though if they bought don't see more then 3.50pps on the purchase price that I would not mind.
Own 8,000shs BAC and adding 2k tomorrow, also own 5K ford, expect great things this year. With that said added 1,200shs CHK today. This is stock pickers market. Though not happy with SD, you continue to play the game and not let one disappointment rule your sediment of the market.