Tuesday, January 19, 2016

#2 Natural Gas Producer Chesapeake Energy Down 15% on Talk of Death, Dismemberment (CHK)

From FinViz:
CHK Chesapeake Energy Corporation daily Stock Chart

To quote an analyst I once knew: "A trend appears to be emerging".

There's no news at the moment but if I had to guess I'd say the debt swap they need to complete to avoid bankruptcy may have hit a snag.

More to come, I'm sure. In the meantime that's at least a 14-15-year low.
$3.02 down 54 cents last.