Wednesday Nov 6 2019
Chesapeake has had lots of problems. It has too much debt. Former CEO hAubrey McClendon died in a one car crash.
He had been charged with big rigging the day before.
Now CHK has issued a going concern warning. This means CHK may not have funds to stay in business without a bankruptcy in the next year.
Somehow the bonds are trading at 63 cents on the dollar which sounds awfully high to me.
Professor Elam 
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