Williams Being Acquired?

[Breadburner]

Will be good for a write off.....

[DowntownDan]

Tulsa doesn't need towers, it needs infil.  3-5 story buildings to fill in the gaps would be ideal, with any parking garages having active ground floors.  And if Cimarex and City Hall are what we have on tap, we definitely don't need anything taller than 3 floors.

[RecycleMichael]

Up another ten cents yesterday to $1.98. That is 30% in a week. I suspect flattening out for the following week, but still optimistic for the stock to get to $2.50 in 2016. Then I will sell.

Chesapeake stock going crazy today. It is at $2.47 with three hours till close of trading.

The stock is up over over 50% in less than ten days.

I am a genius.

[Breadburner]

You should take your $79 and run.....

[heironymouspasparagus]

Somebody's trying to buy it out....

Would put BP in the gas market in a big way if they are the one looking at it.  Take that Exxon!


http://www.bloomberg.com/news/articles/2016-02-22/chesapeake-energy-surges-most-in-7-years-on-buyout-speculation?cmpid=yhoo.headline

[RecycleMichael]

Chesapeake stock going crazy today. It is at $2.47 with three hours till close of trading.

The stock is up over over 50% in less than ten days.

I am a genius.

Chesapeake closed today at $2.69

Two weeks ago it was $1.60 and now $2.69.

I am a very good gambler. The secret is to do the exact opposite of everybody else. That has always been my strength.

[davideinstein]

Chesapeake stock going crazy today. It is at $2.47 with three hours till close of trading.

The stock is up over over 50% in less than ten days.

I am a genius.

I got in at $1.66 a share. There is a lot of money to be made on CHK, WPX and OKE.

[davideinstein]

You should take your $79 and run.....

Why? They are tackling the one issue they have which is debt. Natural gas is still a great commodity.

[davideinstein]

http://www.nytimes.com/2016/02/26/business/dealbook/once-a-coup-energy-transfer-deal-becomes-a-nightmare.html?ref=business&_r=0

[Conan71]

http://www.nytimes.com/2016/02/26/business/dealbook/once-a-coup-energy-transfer-deal-becomes-a-nightmare.html?ref=business&_r=0

OUCH!

[AquaMan]

The key paragraph-
"But in late 2013, it found itself in the cross hairs of a pair of activist hedge funds — Corvex Capital, a fund run by Keith Meister, a former protégé of the billionaire investor Carl C. Icahn, and Soroban Capital Partners, led by a former Goldman Sachs energy trader, Eric Mandelblatt."

Doubtful they had Williams' interests at heart. $6 billion in cash is hard to turn away from.

[Conan71]

$6 billion in cash is hard to turn away from.

Oh I dunno, I probably could.

[RecycleMichael]

Sold my Chesapeake shares with an automated trade at $3.00 The stock went up another 40 cents today, but I am glad I got out before it got too weird.

[davideinstein]

Sold my Chesapeake shares with an automated trade at $3.00 The stock went up another 40 cents today, but I am glad I got out before it got too weird.

I am very long on my position.

[Conan71]

At $3.96 this morning.  With oil prices starting to move northward again, it's only a matter of time before energy stocks rebound.