you can compare them, as they both of the absence of financial strength.
you are right. Now all they can do is sell valuable properties at .40 on the dollar to keep their salaries coming in. No one will pay a premium for the company when they can buy the properties piecemeal.
yesterday morning must feel pretty silly.
KMI kicked off a triple bottom breakdown on 11/11/15. (and looks like most energy stocks) There is no support for the stock as sentiment takes these stocks ever lower. The stocks of most of these companies are meaningless, as the debt loads are so high. Many of the companies, next yr., will disenfranchise the equity holders as the debt holders take charge, selling the properties piecemeal to cover the debt.
is $25 and lower. These guys have no money, lots of debt, and valuable properties they will be selling for like .40 on the dollar for what they paid. Same problem for CHK.
500,000 customers and still growing rapidly reiterates PT of $83 a share.