Rolling Back to 2002 Prices: "Chesapeake Energy: It’s the Debt Load, Silly" (CHK)

New 52 week low today and the lowest since Q3, 2002: six bucks even.
It's always the debt load when things get to this point.
From Barron's Stocks to Watch:

Chesapeake Energy (CHK) has tumbled more than 4% after Sterne Agee CRT’s Tim Rezvan cut its rating to Neutral from Buy. He explains why: 

Downgrade CHK shares to Neutral from Buy, remove $13 PT. Our June upgrade thesis did not play out as