$CHK I'm thinking more and more that this "ongoing concern" statement is a head fake and mgmt's way of creating opportunity. To wit, buy back debt on the cheap. I mean... no PR release or CEO TV appearance for clarity??? As well... not a THING wrong with warning folks that if product pricing doesn't improve there's a possibility of going out of business. (I mean... in what business is that NOT the case?) The SEC can't touch 'em for keeping folks informed, right? Let's see... maybe a couple of weeks from now, there'll be an announcement that they bought back $1.5B of debt for .60 on the dollar after getting some cheaper-than-debt financing to do it with. I mean... it ain't like they ain't never done any such thing (buy back debt at a discount) before.
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