Chesapeake Energy's (CHK -0.1%) largest shareholder declares the company's leadership...

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Energysystems Comments (418)
 
Shareholders have effectively neutured Aubrey. Good for them.
18 Jul 2012, 03:43 PM Reply Like

westelk Comments (133)
 
Press releases prove nothing. Watch what is done, not what is said.
18 Jul 2012, 03:46 PM Reply Like

Harry Johnson Comments (463)
 
Can't quarrel with the statement about the board, but they may need to be alchemists to pull these Chesnuts out of the fire.
18 Jul 2012, 04:11 PM Reply Like

Lexy1 Comments (10)
 
I think since the largest shareholder is OK with CHK now,I'll stick with CHK and see what happens, if my interest pays off. As for Aubrey McClendon, its very obvious he has been lining HIS pockets at the expense of shareholders. Maybe the new board and management,
hopefully, is an honourable entity this time, looking at shareholder interests instead of lining their own. ARE THERE any honourable men left in this country?????????????, I guess that remains to be seen. Time will tell as we watch our shares grow or drop.
18 Jul 2012, 04:19 PM Reply Like

Factzplz Comments (168)
 
What has McClendon done that was NOT shareholder or Board approved that made you say, "...he has been lining HIS pockets at the expense of shareholders."?
18 Jul 2012, 08:02 PM Reply Like

jmpbrown Comments (21)
 
Aubrey McClendon built this company, and like Steve Jobs is having a hard time because he can't please everyone. I believe like Steve Jobs he will go on to make this one of the best Oil companies in America.
18 Jul 2012, 04:52 PM Reply Like

miamistorm Comments (29)
 
Oh for the love of God; What would you expect a company's largest stockholder to say......... "the company's in a heap of SHlT, head for the doors everybody!" CHK has lots of big and extremely serious problems and that's a verifiable fact. The last time I believed when someone declared everything was OK was in 2008 when Ben Bernanke and Hank Paulson declared everything's OK and under control with the "sub-prime situation".
18 Jul 2012, 05:00 PM Reply Like

twobits714 Comments (15)
 
I think they would not say anything if your scenario was near the truth, if SAM said anything at all, they would say they had liquidated their position or were in the process of doing so.
18 Jul 2012, 05:32 PM Reply Like

Harry Johnson Comments (463)
 
Especially somebody managing other peoples money. At one point Greece and later, Spain said everything is okay, but that didn't stop bank deposits from heading for the exits.

I think Ben B's exact quote was "The sub-prime threat has been contained."
19 Jul 2012, 10:26 AM Reply Like

Peter Brockman Comments (7)
 
It's like a big chess game. I'm holding onto my CHK shares for now, but I don't know who to believe.
18 Jul 2012, 09:29 PM Reply Like

jlbrown Comments (29)
 
I love chess too so I'm hanging in there...for now.
19 Jul 2012, 12:31 PM Reply Like

Deltascared Comments (293)
 
Brown & Brokman got it. Nat Gas is up 50% and CHK is still lagging. It may be a result of continued worries about asset sales that will take till Jan or June of 14 or later to work out. However, I see a big gain coming here into the fall and after Nov. 7. Be wonderful if we built the capacity to sell Nat Gas overseas and pronto.
24 Jul 2012, 01:19 PM Reply Like

jlbrown Comments (29)
 
I agree with Deltascared's comments and the KEY phrase was "after Nov. 7" - Romney MUST win and for our country's sake, I hope if he does that it isn't "too little, too late"....
31 Jul 2012, 02:16 PM Reply Like