Chesapeake Energy Corp (CHK)

[LouisDesyjr]

It was not very good PR

I would have expected that if Ican had paid for it, that Cramer would have been more certain about CHK not going bankrupt. Instead, he seemed to be unwilling to say that CHK is going to be all right, which, if anyone sees his show on CNBC Mad Money, knows that Cramer is usually favorable towards most companies.

Here the best Cramer did was to mention another bond series maturing next year without saying if he thought CHK could 'make it' or not.

Most damning statement in my view was Cramer's statement, "They are doing the best they can". That was not exactly a ringing endorsement that the company is going to make it or be around in a year years.

Louis J. Desy Jr.