Replies to post #7110 on Chesapeake Energy Corp (CHK)

[l_winthorpe]

Do you think it is an ultimate take over target? If an acquirer can get the assets for pennies on the dollar - might not be a bad move

[researcher59]

I think the stock is oversold. If you're implying bankruptcy risk, the CHK bonds would be sounding the alarm and trading at deeply distressed levels. That's not the case at all - the bonds are trading near par value with some even trading at a premium.