Chesapeake Energy being bought out?

There are rumors of BP making a bid on Chesapeake and a Louisiana News Station reported Exxon's buying out of Chk. Any thoughts?

BP jumps; traders cite talk of bid for Chesapeake
Reuters - 2 hours ago
LONDON, Jan 26 (Reuters) - Shares in British energy group BP (BP.L) rose more than 3 percent on Monday as traders cited market talk that the company was ...
BP moves higher on market talk of possible Chesapeake bid
guardian.co.uk, UK - 3 hours ago
A buoyant stock market tends to bring out the rumours, and this afternoon is no exception. BP is 17.5p higher at 505p after traders heard tell it might be ...
Options Update: Chesapeake Energy Calls Popular on BP Buyout ...
Schaeffers Research, OH - 25 minutes ago
by Joseph Hargett (jhargett@sir-inc.com) 1/26/2009 1:15 PM Speculation is swirling around Chesapeake Energy (CHK: sentiment, chart, options) and British oil ...

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1w1vl8clda7t4Permalink Reply by 1w1vl8clda7t4 on May 15, 2012 at 3:43pm
If you used your credit cards to pay off your mortgage...waited 90 days, transferred the title into someone elses name, and then filed bankruptcy what would you have? Exactly...its just a bigger game!
Jim ShoosPermalink Reply by Jim Shoos on May 16, 2012 at 4:45am

What you would have is Bankruptcy Fraud, and what you would have is 5 to 7 in the Federal facility of their choosing... kind of like what Aubrey is facing.

1w1vl8clda7t4Permalink Reply by 1w1vl8clda7t4 on May 16, 2012 at 4:49am
Oh that's right...everything on Wall street is on the up- in -up...just keep reading your financials on CHK. and see what road that takes you down.
Jim ShoosPermalink Reply by Jim Shoos on May 16, 2012 at 5:04am

So... reading between your not so subtle lines... its OK to hoodwink investors (secure personal loans as CEO from the same firm that loans money to your company, run a commodity hedge fund out of your office while you are simultaneously CEO and are highly involved in hedging decisions for CHK), etc ... since all of Wall Street is crooked. 

1w1vl8clda7t4Permalink Reply by 1w1vl8clda7t4 on May 16, 2012 at 5:13am
It's a rigged game for the ultra wealthy...always has been...always will be. Why do you think there is online trading...the wealthy are stealing the common man blindly every single day. There's only one Playbook...and just when you feel you got it figured out...they change playbooks. Its that simple
Jim ShoosPermalink Reply by Jim Shoos on May 16, 2012 at 5:21am

...and so all of this leads you to conclude that CHK is a buy?  Good luck with that logic.

1w1vl8clda7t4Permalink Reply by 1w1vl8clda7t4 on May 16, 2012 at 5:30am
That's your problem...your using logic. That's not how Wall street operates...if it did 1/10th of 1% of the population wouldn't have all the power.
Jim ShoosPermalink Reply by Jim Shoos on May 16, 2012 at 5:36am

I already told you the methodology I employ... and by the way, I'm real happy being short CHK.  How you doing being long?

Jim ShoosPermalink Reply by Jim Shoos on May 16, 2012 at 10:51am

Junkie... not that you give a rats patootie but I had a buy cover order in at $13.99 that got triggered/executed at the close today.  Pigs get fat... hogs get slaughtered.  Hope CHK goes up for you... but I doubt it will turn around anytime soon. 

1w1vl8clda7t4Permalink Reply by 1w1vl8clda7t4 on May 16, 2012 at 11:08am
Congrats Jim...now you can play like the big boys...they make money going down as well as up...just learn how to ride on their shirt tails.
1w1vl8clda7t4Permalink Reply by 1w1vl8clda7t4 on May 15, 2012 at 3:34pm
Are you serious...fire sale...really. A fire sale would be 3 bucks a share...not $14.
0i7okn54zwbdoPermalink Reply by 0i7okn54zwbdo on May 15, 2012 at 4:25pm
Stock is down 60%+ in the last year. Market cap is a little over $9 billion and debt is ~$10 billion. Bad, bad sign. Poorly run companies tend to get swallowed up by better ones.

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