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Thursday, 06/23/2016 8:40:53 AM

Thursday, June 23, 2016 8:40:53 AM

Post# of 18931
CHK TAKEOVER BID COMING!

Use your head. If you are a major with deep pockets (like GE Oil and Gas) the best way to get into the oil and gas business and take advantage of the upcoming shortage of natgas and the coming boom in oil prices is to buy out the number #2 gas producer in the US (Chesapeake Energy). If you delay making an offer, the more it is gonna cost. But if you make a takeover bid of say $15 share, share holders might (?) sell out to you.

On the other hand, if you drag your feet until August, it might cost you maybe $25 or more.

I say a takeover bid comes very soon! GE Oil and Gas number one suitor!

Volume:
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Total Trades:
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  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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