Drillbits

There's a Thin Line.....Between Love and Hate

Or, is it between Genius and Madness. No matter, you gotta love this guy.

Rebalancing his portfolio? Diversifying his holdings? Estate planning?

You heard it all before but you won't from balls to the wall Aubrey. In an F4 this afternoon, Chairman & CEO McClendon reported having plopped down another $43 million on July 15 to acquire 750,000 more shares of Chesapeake Energy. This bring his direct holdings to 33,452,911 shares. Recapping this years open market buys, he has individually invested around $185 million in CHK common stock to purchase 3.85 million shares in the open market.

I'm going with genius.