Chesapeake stock now down over $8.00, over 32%, on news (rumors?) of imminent bankruptcy filing.
7 replies (most recent on top)
Sure BP wants to add 10b more to their 79b debt while shutting in prod worldwide.
This might have all been avoided if we had just paid Doug more......
That would be nice if it were true!
Merger with BP is being finalized.
Will be announced in a few days.
Buy now long, stock will soar
7
Chap 11 seems pretty certain:
https://www.reuters.com/article/us-chesapeake-enrgy-bankruptcy-exclusive/exclusive-chesapeake-energy-preparing-bankruptcy-filing-idUSKBN22B31M
Hear the fat lady clearing her voice ?