Very little indication that the price is about to fall again. This stock is worth $40 without question!
Well if you knew anything about you are posting, then you would not post. The EIA reports for last week and this week indicate that production is falling. We usually have inventory builds of 80-100 bcf or more at this time of year. Not 68 last and 51 this week.
That has absolutely nothing to do with what is happening on the trading floor.
Because oil is as cheap as it is right now all refiners are making tons of money. Do you think for a moment that they pass along all of the savings? Of course not. Probably a one time event and it has absolutely nothing to do with the situation producers find themselves in right now.
If you buy a stock for it's dividend, why not buy preferred? Nobody stole anything, just protecting shareholders by allowing the business to continue and more towards profitability.
dan and wallpack, I would give you each a lot more thumbs up than the one Yahoo allows!
And that is exactly why the company is not for sale.
Why don't you do some research and find out just where this company stands. CHK is profitably hedged for the rest of 2015 and well into 2016.
The scenario you layout is completely illegal. Senior management and all BOD members have fiduciary responsibilities and manipulating the share price from within would put them in prison.