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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: ItsAllCyclical who wrote (169094)12/5/2008 1:55:16 PM
From: PerspectiveRead Replies (3) of 306849
 
CHK has been really hammered. Looks like the 1997-8 decline all over again. They banked a lot of book value in the past couple of years - $12B tangible book. They're at a 50% discount to that. Of course it's all tied up in equipment.




Is it ever going to stop bleeding?

`BC
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