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Re: shanon1 post# 1885

Tuesday, 08/04/2020 4:45:30 PM

Tuesday, August 04, 2020 4:45:30 PM

Post# of 2020
No need. They're pulling a "Chesapeake" on their investors it looks like. CPE just declared a horrendous $1.6 billion loss for the most recent Q and a reverse split effective on Aug. 7 (this friday).

Its got bankruptcy splashed all over it I'm afraid. Mainly due to the $3.3 Billion debt overhang from the botched Carrizo acquisition. Their timing couldn't have been worse.
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