Some really questionable people were promoted to COO, and Senior VP and they have done all they can to run the company into the ground. Also CCMP, the capital firm that bough 33% a few years ago is coming down on them. I've heard 35 people may be laid off this week.
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Croneyism is alive and well at Chaparral. P. T. Barnum had it right..."A fool and his money are soon parted".
Just wait.
What about layoffs, are you guys cutting right now. I am with Apache Oil.