Well, I bought another 50,000 shares of CHK on 11/17 for $5.88 a share. Lost $88,200 on that stupid trade to date so my advice is to steer clear of CHK. I had a hunch that buying the stock was like pissing in the wind but I did it anyway. My bad, sorry. Yours truly, DDD
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I wonder if Dick Drainer Doug has a golden parachute plan worked out? I surmise that he is packing his chute as we speak.
LOL! That's good, @EZjMB23-ddy. You really hit my funny bone with the line "a shit pile of each remaining". Even I, DDD, big head honcho in charge, chief indian peace pipe smoker, am just trying to work out a good "golden parachute" deal to jettison myself and my remaining fortune from the shithole that is CHK.
CHK is done folks. The fantasy ride is over. If you haven't diversified your skills & $$$ into areas other than oil & gas you're screwed. Go back to school and learn a new trade.. bottom line!
Anyone who thinks 2016 will be any better is a glass half full type. Natty may drop to $1, yet CHK is growing production. This company will continue to burn cash, and employee count until there is nothing but a shit pile of each remaining.
Good point @ EZJMB23-shl. If the jerk-offs in charge lack confidence why should we be interested in the stock. I mean, crap, look at SD sitting at fricking 22 cents a share. Why are the insiders not buying that stock up? Answer: they know the stock is already swirling into the abysmal toilet.
Cute, but DDD losing 88k is like mayor mick losing $8. That brings up a good point though - why aren't the suits buying at these depressed stock values if they really believe things will turn around. Hmmm...