i agree. way too many options before bk i.e. reverse splits, selling assets, debt restructure, issuing more shares, etc etc. lots of time.
no, 150000 x .11 is $16,500 its still crazy money but not that crazy i.e. a 10 bagger GL
just the facts
Roger Daltry of the Who
before they go bk they'll do a 1 for 10 or 1 for 20 reverse split. current shareholders will never breakeven. next they'll do a secondary and swap those shares for unsecured debt. this how they progress unless the debtors do force a bk, its there option.
see not even inside information. this was a poker tell.
good god. it just gets worse and worse
to draw attention away from what a disaster the quarter was. nice time to dump while this POS has a 2 handle.
TheStreet Ratings team rates CHESAPEAKE ENERGY CORP as a Sell with a ratings score of D. TheStreet Ratings Team has this to say about their recommendation:
We rate CHESAPEAKE ENERGY CORP (CHK) a SELL. This is driven by a number of negative factors, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to
activists are badly needed here. Picture 50+ year old bloated blobs wearing the urbn styles. Makes me reek.
just a rumor. the sec has no control over off shore accounts.