motherbird

Raising Chesapeake Energy's Intrinsic Value Estimates

Aubrey McLendon is buying up Cheasapeake stock faster than the company can secure leases. He knows the value of all the leases Cheasapeake has secured. He knows that Exxon, Conoco-Phillips, Devon, etc knows the value of them as well. Maybe, just maybe, the big boys will decide they just gotta have those assets. Can you imagine the bidding war that will ensue once someone makes a play for Cheasapeake? Im betting Aubrey will be adding to his stake in the very near future, -- substantially adding!