Thread regarding Chesapeake Energy Corp. layoffs

Sandridge Chk

I remember making fun of Sandridge for years when their stock price was cents on the dollar and holy c-ap I just now noticed that they are outperforming chk stock and I’m pretty sure they only have like 6 employees now.
Dumpster fire.

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| 1151 views | | 2 replies (last October 5, 2019) | Reply
Post ID: @OP+11lV7Xh9

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Oh I think we’re completely clear on how stocks work. I think with or without the explanation I would like to own 1000 shares of Sandridge over 1000 shares of Chesapeake.

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Post ID: @2mgh+11lV7Xh9

Thats not how stocks work lol.

SD
June 30, 2016 Market Cap: $479.8 Million
June 30, 2019 Market Cap: $246.2 Million
Change: -38.6%
Stock Price Change over same period: -67.5%

CHK
June 30, 2016 Market Cap: $2.9 Billion
June 30, 2019 Market Cap: $3.2 Billion
Change: +16.9%
Stock Price Change over same period: -58%

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Post ID: @1olb+11lV7Xh9

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