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re: Chesapeake Energy...
Posted on 6/7/12 at 12:45 pm to ich1baN
Posted on 6/7/12 at 12:45 pm to ich1baN
Buying CHK is a 100% gamble on a price bounce which will most likely occur based on "positive" news about the board, Ichan, are 1 well in OK/TX Panhandle or a major moving in to buy it...problem is the debt load, the fact that much of their production has already been monetized....it's a toxic company. GL to those that buy.
1
Posted on 6/7/12 at 1:05 pm to cwill
I got in at the beginning of the week.
No more substantial analysis than what has been posted here, but I think Icahn's ability to tear companies apart is going to serve this overleveraged behemoth well.
No more substantial analysis than what has been posted here, but I think Icahn's ability to tear companies apart is going to serve this overleveraged behemoth well.
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