Thread regarding Chesapeake Energy Corp. layoffs

CHK to go private

DL in talks with major investors to take company private. You're welcome.

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Post ID: @OP+XNQfW0w

10 replies (most recent on top)

At this stage of the game 2.60 sounds great!!

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Post ID: @1Bhfm+XNQfW0w

You misspelled CHK to go bankrupt

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Post ID: @4rym+XNQfW0w

how would that work for the common shareholder? are there any examples recently that fit this situation?

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Post ID: @3ooz+XNQfW0w

Real talk y’all. The only way this is salvageable is through private investment that can then shed the excess bloat; EHS, admin groups, IT, corporate security, restaurants, fitness center, 401k, SCM, excess employees of ops, drilling, production. All these groups need to lose 30%-100% of their people to survive. Only way to accomplish that is going private.

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Post ID: @2ety+XNQfW0w

Not BS

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Post ID: @2xpu+XNQfW0w

BS

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Post ID: @1iwd+XNQfW0w

Sounds about right! Lol. The insiders make out. The rest of us eat our long term losses. This screams class action lawsuit.

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Post ID: @sex+XNQfW0w

NO WAY

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Post ID: @keu+XNQfW0w

Shareholders will sue. Nobody sitting on those losses wants a palty 20% premium on their current $2.60 toilet water. $10 or GTFO.

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Post ID: @pos+XNQfW0w

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