Sure, the profit of $405 million looked great, but you have to back out asset sales of $81 million, and capex of $523 million, and suddenly things aren’t so rosy. Actual free cash comes to negative $100 million.
Isn’t Even Speculation Worthy
10 replies (most recent on top)
Lol has almost hit target already!
Bye Felicia!
2 Words for the Trolls. Write Off!!! And layoff the whiners.
Well it closed below $3 today. "We will be just fine!", said the Kool Aid man.
We all know who would buy it for a dollah!
To the person that posted that UBS upgraded to Buy. UBS did not upgrade CHK. They just initiated coverage with a "sell" rating based on a $2.80 target.
"It's a write-off for them."
"How is it a write-off?"
"They just write it off."
"Write it off what?"
"Jerry, all these big companies, they write off everything."
"You don't even know what a write-off is."
"Do you?"
"No, I don't."
"But they do. And they're the ones writing it off."
"Little debt" That's a good one. Git yer Fantasy World Kool Aid here!!!!!
Time to just write off that little debt. All will be fine. Bunch trolls worrying too much since they don't get to s---le Veuve anymore. Prob the same people who picked the basement carpets colors.
*UBS has upgraded to “Buy,” not sell.
*S&P upgraded Bonds on Monday to “B” from “B-,” so the speculative remark is getting really old. While not investment grade of AAA, B-rating indicates the following: the obligor currently has the capacity to meet its financial commitments on the obligation.
Please take your scare tactic elsewhere!