Seems like there is already "blood on CHK". Icahn bought over 100 million shares at much higher PPS too. Then again, he knows as little as everyone else. He just had lots more money. If his investment don't pan out he may be as poor as the rest of us. Anyway, I bought lots of CHK at 3.30. Wishing, hoping and praying this works out. Not comfortable especially when the sanctions on Iran have been lifted.