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Joe Stocks

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Joe Stocks

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Re: None

Monday, 02/14/2022 1:04:29 PM

Monday, February 14, 2022 1:04:29 PM

Post# of 77456
CHK exited bankruptcy last year and the bondholders got a great deal. Market cap of about $8bil and the average projected earnings for this year is about $1.1 bil. They have said they will be returning a good part of that to shareholders. Only 117 million shares outstanding. Of course the past shareholders got screwed me being one of them. Small loss as I was trading post bk shares for speculation.

I have a nearly full position at about 4% of port with average cost at $58. Lowest buy near $40.

Reports February 23rd.

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