Replies to post #17778 on Chesapeake Energy Corp (CHK)

[Lowjack]

CHK going to be a flat cat!

[sorkin]

People didn’t buy the shares @0.15 cents presplit!

Have to keep that in consideration.

The “loss carryovers” for major share holders if this becomes a “Shell company “ after bankruptcy of CHK, with assets sell to the bank and bond holders.
Have seen this strategy in the past.