Chesapeake said in February that it tapped legal counsel Kirkland & Ellis for advice as it seeks to strengthen its balance sheet to manage debt maturing in the next 18 to 24 months. It said it had no plans for bankruptcy as some in the market have speculated.
"We continue to look at all of our options, including the use of additional secured debt, private transactions with bondholders and other types of exchange offers and open market purchases," said CFO Nick Dell'Osso.
I am facked now. Wife and kids are kicking out of the house when I told them I loss all money in SUNE. I am now facking broke and homeless, at least, I still have a job. I was strongly believe in SUNE and now they pulled this facking BK bullsheet and has turned my life upside down and made me a facking fool for believing in them. No more stock from now on....It is over for me. The market is rigged and crooked.
Is that #$%$ still working? She should be fired from her job for posting wrong information.
Thank You SUNE! I believed in you! Fack you all the media with false rumors and negative news! You facking idiot almost have me fooled and sold my shares in SUNE, but instead I loaded up more cheap shares. I thank you for that opportunity to make big money in SUNE.
Facking Media has spread false BK rumors and caused stock price to drop. There is no BK from SUNE, SUNE will be able to crawl out of this mess. I am loading up 100K shares today and will load up some more tomorrow. I am facking all in and against all odds.
These fackers media Rueters, WSJ, and others should be sue for spreading false rumors on SUNE BK to cause stock to drop. They almost scared me into selling my shares of SUNE. Glad I am holding on and believe in SUNE will make it out of this mess.
Looks like there is no BK for SUNE. SUNE will get out of this mess and move forward. These fackers media spread false rumors to bring down stock price. SUNE is up big in AH. No BK!
Looks like BK is off the table now. SUNE is going back to $1 soon! Glad I didn't sell this morning. These facking media almost make me sold my shares of SUNE because of injected BK fear rumors.
What is going on with all the BK speculation and yet stock still trade above 52wks low of 0.20???
if true, I am happy with dilution than SUNE goes BK. Let's hope for dilution and SUNE survives.
If this is true, it should be considered positive and stock should go up, so why is it down in AH again?
Agreed! GREENLIGHT?Einhorn selling is the final indication that BK is coming in next few days. I am going to bail tomorrow at opening bell.
He is on SUNE board, right? How can he sold during quite period? He has insider information, if he sold shares with inside knowledge of SUNE filing BK, then, he will held accountable.
Everyone wins if SUNE survives, so give SUNE a chance to fix problem. Why forced SUNE into bankruptcy if it causes a mess for everyone?
Why isn't this news showed up on Yahoo News? All I see posted on Yahoo News are news which are negative about SUNE like the Reuters sune BK as soon as Sunday. Why? Is the media intention is out to destroy SUNE?
only if I know how get out in AH, otherwise, Monday it is then. Will try to salvage whatever left of my money. You guys clearly won and deserve a plause!
Can someone tell me how to get rid of my SUNE in AH trading?