What is wrong with Shale stocks???
CHK just told its 1Q result.
They surpassed the street estimates. But its stock price is radically going down like heavy rainfall.
What is going on in this sector?
I am hoping the last shot of REXX, the 1Q result next week. If this is the situation, even if REXX's 1Q result is fine, downturn is inevitable.
If downturn is inevitable, delisting is inevitable as well.
If delisting is inevitable, a huge, gigantic, tremendous, jaw-dropping, eye-popping price drop will be also inevitable.
What a heart-attacking day and future.
