Thread regarding Chaparral Energy layoffs

"no confidence" in a management team that led the company to bankruptcy

The Free Falling stock value is nothing more than a reflection of market sentiment. Most of the reaction is from low oil prices, but some reflects "no confidence" in a management team that led the company to bankruptcy in the past and are still there. This is like Obama blaming Bush for all his failures in the 8th yr of the Obama presidency AND...wait for it...taking credit for ANYTHING successful no matter how trivial. Think about that and then think about this....the market has a way of "sniffing" out weakness and thus CHAP's price per share is a reflection of this weakness. Buy and Hold with this one is a sure way to blow up your account.

This was taken from @SiG9l4O-4zzmf

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| 1765 views | | 1 reply (January 4, 2019)
Post ID: @OP+WR8CZF9

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I say build another gym! And keep drilling in the STACK! The skies the limit for Bankrupt LLC.

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Post ID: @6utf+WR8CZF9

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