Chesapeake (CHK): Is It Time To Buy?

A round table discussion took place on CNBC today about the merits of buying Chesapeake Energy Corporation (NYSE:CHK) stock after news in recent days has revealed some household names in investing are increasing their stakes in the company. The company faces severe challenges both in its fundamentals and in corporate governance.

The CEO of the company Aubrey McClendon is currently being investigated over possible conflicts of interest incurred when he took personal loans from creditors who were also loaning to Chesapeake.

Mike Murphy, a Managing Partner at Rosecliff Capital called into CNBC live talking up Chesapeake's share price in the wake of...