Chesapeake Energy Corporation CHK

First I doubt SA will say anything that prolong repairs. Why they have an IPO coming and if they can t guarantee ongoing oil flow, what idiot would buy their stock. Granted you would be an idiot to buy it anyway because they are only floating 1% of the shares for $20 bil.

Second this is an actual slow down of oil rather than some bs speech between opec and Russia on decreasing supply to prop up prices.

So all in all it’s a non starter and just a bunch of amateurs getting their panties in a wad.

Big data is inventory draw. Draw down is high then maybe a pop. Saudi Arabia attack is a non-issue. All that BS talk about OPEC to drill less oil we all know they lie lie lie. With Russia maximizing output and Mr T spineless attack on Iran and Iran thumbing their noses at the sanctions and having record outputs as well.

Yeah the attack actually makes the claim of curbing production a reality rather than talk.

9/16/19 EOD 2.39

I sense shorts are getting EXTREMELY NERVOUS about this Houthi hit on Saudi oil field, in conjunction with some institutional buying, will cause a big SHORT SQUEEZE of the year !

Chesapeake Energy issued 250.7 million common shares in exchange for $ 587.8 million in debt and preferred stock,
If you do the math that is a good deal because each share was priced a $ 2.35.

The agreement to issue a total of 250.7 million shares in exchange for a $ 587.8 debt and preferred stock is a good deal, if do the math they bought each share for about $2.34

WHAT! Hello!

CHK. CPE. OAS. CRZO. X. HAL. The list is long... Oil and Steel will Gap Up “after hours” and all the shorts won’t get the hit they deserve.

The end of a matter is better than its beginning, and patience is better than pride.
Ecclesiastes 7:8

Yea let's post old articles from february... Negative propaganda. Shorts are sweating because $CHK was reiterated at $2.70 by Morgan Stanley YESTERDAY Aug 7th.
Not 5months ago