Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(
1
)
Home
|
Portfolio
|
Market Currents
|
Investing Ideas
|
Dividends & Income
|
ETFs
|
Macro View
|
ALERTS
|
PRO
Bob de'Long
I just got in
CHK
at $14.95; what happened?
5/11/12
Reply
(11)
•
!
Report Abuse
View all
11
replies
avickrey
:
Looks like a fund dumped their entire position in one fell swoop. You really want to hold this over a weekend?
5/11/12
•
!
Report Abuse
Tatertot
:
I don't see any support to break, so I assume it was a report that they had to delay asset sales due to loan covenants:
http://goo.gl/3Dv33
5/11/12
•
!
Report Abuse
bigazul
:
Don't forget the off-book debt...
5/11/12
•
!
Report Abuse
Ocean Man
:
Wow,
CHK
just dropped 14%.
5/11/12
•
!
Report Abuse
TxRowdy
:
getting back to 2009 levels - glad I'm not holding this bag
5/11/12
•
!
Report Abuse
bigazul
:
Like a cartoon snowball rolling down hill.
5/11/12
•
!
Report Abuse
Bob de'Long
:
Got to be a bottom somewhere.
5/11/12
•
!
Report Abuse
Tatertot
:
@Bob, I'd be worried if they aren't able to sell assets to pay their debts. There may not be a bottom if that's the case.
5/11/12
•
!
Report Abuse
TxRowdy
:
Lowest low since 12/1/08 @ 11.32
5/11/12
•
!
Report Abuse
bigazul
:
Monday will be a dangerous day to trade
CHK
.
5/11/12
•
!
Report Abuse
bigazul
:
Wonder what Southeastern is going to do now, another $200+
M
gone.
5/11/12
•
!
Report Abuse
Add a reply...
140 characters