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The Water Cooler
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CHK hits 52 week low
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<blockquote data-quote="tul9033" data-source="post: 1783315" data-attributes="member: 2319"><p>McClendon will still be CEO. Had I known what a clown this guy was I would of never sunk a chunk of change in CHK. They made me some money early on when they went to $70+ then lost me a whole bunch when they had a metoric fall to $17. He did an interview on Mad Money or some investent show and looked like a total ass.</p><p>Natural gas is our future IMO and with CHK being the 2nd largest producer I thought I had a winner, until McClendon was forced to sell 90% of his shares due to a margin call in 2008.... Now he just finds what I'll call shady ways to make it back.</p><p>They should margin call his butt and cut back production, might as well wipe out the board too as McClendon is using them as puppets. Bringing in a new Chairman to sit among the same board members that McClendon manipulated for the past several years is not going to make any difference.</p></blockquote><p></p>
[QUOTE="tul9033, post: 1783315, member: 2319"] McClendon will still be CEO. Had I known what a clown this guy was I would of never sunk a chunk of change in CHK. They made me some money early on when they went to $70+ then lost me a whole bunch when they had a metoric fall to $17. He did an interview on Mad Money or some investent show and looked like a total ass. Natural gas is our future IMO and with CHK being the 2nd largest producer I thought I had a winner, until McClendon was forced to sell 90% of his shares due to a margin call in 2008.... Now he just finds what I'll call shady ways to make it back. They should margin call his butt and cut back production, might as well wipe out the board too as McClendon is using them as puppets. Bringing in a new Chairman to sit among the same board members that McClendon manipulated for the past several years is not going to make any difference. [/QUOTE]
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