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Wow $CHK , you are looking mighty fine today
Yes, CHK acquired the Fortune 500.
Yes, CHK acquired AAPL.
Did this stock do a reverse merger this use to be a cheap stock.
nat gas going to $6-$7??? that will be good CHK
Whassup with those pre-RS shares, shill?
Don't get strangled by the vine!
XOM CVX SLB BP EOG FANG CHK--the last 6 months have been amazing
CHK $58. the 40s were nice.
CHK is making me a lot of green again.
$chk $48.86 v -0.64 (-1.29%)
Volume: 2,141,538 @05/14/21 4:47:41 PM EDT
Numbnuts 0.15 on news has evidently run ~OUTT of munny to lose and has left the building.
Yep, just as we said, $9 was attainable. Lol. Just took a cancellation.
Pro-tip: never buy pennystocks.
$chk $45.54 ^ 0.21 (0.46%)
Volume: 686,046 @04/09/21 5:11:21 PM EDT
$chk $43.33 ^ 1.17 (2.78%)
Volume: 325,005 @03/26/21 4:00:02 PM EDT
Gott a bid/ask for those old CUSIP cancelled CHKAQ/CHK shares?
You know, the ones that Ive been warning about for over two years were going to be cancelled in the inevitable bankruptcy - which is EXACTLY what happened.
THOSE old CUSIP now-cancelled shares in yer account.
Did you finally find ~OUTT that your old CUSIP CHKAQ shares were cancelled?
So, where are you working now?
Sorry can help but notice you know your stuff.
Mind if I ask what your top 5 stock for 2021 might be ?!
LOL!! Try $0.000 your old CUSIP CHK shares were cancelled.
$chk $11.85 ? 0.0 (0.00%)
Volume: 0 @-
$9.00 attainable? I think you are right.
LOL well :p
Well figure about $7 billion in debt converted into senior bonds and 100 million shares. So even debt holders took a little bath. Warrants are too outrageously priced right now.
Crazy, traded up to $50 but now settling down around $46. I passed at these prices also.
CHK opens trading at $43 .... a bit pricey. I was hoping to pick up a bunch of shares at around $30. Maybe it will trade lower in the coming days ?
they screwed old shareholders...now they want to screw new ones.
but its delisted...
CHK had a market cap of about $4B as recently as 18 months ago when it was struggling with a huge amount of debt and reporting losses .... so you'd think it should be at least $4B now given that over 85% of the debt has been eliminated, though I believe some properties were spun off as part of the restructuring so production will be lower.
So if the stock starts trading at $40 tomorrow, implying a market cap of $4B, then I'll probably pick up a few shares and then see how it trades.
Tomorrow's opening will be interesting !
My hope that the bankruptcy court has undervalued what the market will accept for a market cap. We will find out when it opens sometime tomorrow.
Looks like CHK might be a good buy tomorrow depending on what price the shares start trading at - most of the debt has been eliminated .... there'll be 100M shares outstanding plus warrants. That compares with 2B shares of the old company before the reverse split.
One negative is that they've locked in oil prices in the low $40's for the next two years for 75% of their production .... versus market prices now in the high $50's. But even with low $40's they'll have strong free cash flows.
The presentation on their website is worth reading -
http://investors.chk.com/2021-02-09-Chesapeake-Energy-Corporation-Successfully-Emerges-From-Financial-Restructuring
http://investors.chk.com/presentations
Thanks for the info.
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