Thread regarding Chesapeake Energy Corp. layoffs

DUggy bought 10M shares @0.2175

FYI

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| 1621 views | | 4 replies (last March 3, 2020) | Reply
Post ID: @OP+13NJcwn1

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so what means that? I have 1000 shares now worth 25 but if 20 to 1 then my shares are teduced and I get only a little more than one dollar left?

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Post ID: @ndk+13NJcwn1

NO.... That is part of his bonus. A stock option bonus. Trust me, he would rather have cash, and you would too. There is a HUGE reverse split coming and plenty of room to keep falling. If they do an 80-1 reverse split it would theoretically go to $20ish but give it 3 months to settle in and it will be back below a dollar.

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Post ID: @cag+13NJcwn1

He must know something.

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Post ID: @row+13NJcwn1

Duggie digging deeper.

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Post ID: @azf+13NJcwn1

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