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The Water Cooler
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CHK hits 52 week low
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<blockquote data-quote="inactive" data-source="post: 1783953" data-attributes="member: 7488"><p>Did you see the latest story?</p><p></p><p>It appears he was also trading commodities in the very market his publicly-traded company supplied. If you stand to cut production for your company, which increases your profit in the futures you purchased on the side, it could be considered a conflict of interests. </p><p></p><p>You have a duty as CEO and Chairman to act in the best interest of the company, but at the same time you may stand to profit personally by making a decision contrary to that.</p><p></p><p></p><p></p><p>If he gets really broke, he may just put Pops! in Arcadia up for sale.</p></blockquote><p></p>
[QUOTE="inactive, post: 1783953, member: 7488"] Did you see the latest story? It appears he was also trading commodities in the very market his publicly-traded company supplied. If you stand to cut production for your company, which increases your profit in the futures you purchased on the side, it could be considered a conflict of interests. You have a duty as CEO and Chairman to act in the best interest of the company, but at the same time you may stand to profit personally by making a decision contrary to that. If he gets really broke, he may just put Pops! in Arcadia up for sale. [/QUOTE]
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