You got a nice little bump from the news today. But it been right at 30 days under a dollar, letter of delisting is in the works. CHK will not be delisted but will have to submit an official plan to raise the price above $1. That news will not be taken well hopefully it will be a 20-1 reverse split. I think their market cap could drop another 50%, then rise back to current levels quickly.
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You don't think delisting is already priced in? ...wow...
It will come down on its own. Robbing Peter to pay Paul. Just stretching to inevitable. Good luck to all
"...their market cap..." ie you are not in the company ie you are just a drama b–ch trying to stir things up. Nice try, shorter. You probably lost on the bump yesterday and are peeing your pants trying to figure out how to get things back down. If you don't think a delistment avoidance plan is already baked into the stock price, then you really don't get how the big boys forecast their investment strategies and how they do stock risk valuation.
Dead company walking. Bankruptcy is waiting. Not if, but when.