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Chinook Energy Inc. Common CNKEF



GREY:CNKEF - Post by User

Comment by spoiledsuzyon Jun 14, 2016 8:32pm
346 Views
Post# 24965913

RE:RE:Frightening Station 2 pricing

RE:RE:Frightening Station 2 pricing
Yup. Those looking for extraordinary value here are doing so in vain. The market seems to have it right. Raymond James has recently sold over 200,000 shares. Management is astute and doing everything they can but they're at the mercy of horrendous pricing. CKE either shuts in its production or loses money on what it produces. AltaCorp and Anonymous also strong sellers in June, AC out for 100,300 at .52 so far this month. Good move by that house, acting quickly and making the painful decision of getting out at a loss. Avg price received for RJ's shares 0.48.
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