Chesapeake Energy Corp (CHK)

[koen2]

Some don't realize this is a failed entity for a long time .

They are a victim of there own succes .
To much oil and gas in the US for year's to come .

Some just wont realize this is already a BK company.

net loss of 360 million
Just count how much shares needed at current price to cover that loss.

I have invested in many oil company's over the year's
Some with succes ,some similar to CHK with to much debt to handle .
Like VTG and SDRL

10 billion is to much for this one
Sure the assets are valued more then debt ,but other oil company's are like predators and are not even going to pay 60% of real value .

They can't maintain listing without R/S ;


Don't be fooled by day traders on this board that promise you haven and act like longs

For the moment this isn't even worth $0.15.