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Chesapeake Granite Wash Trust Message Board

  • marklibera marklibera Nov 14, 2013 3:47 PM Flag

    15 minutes left before ex-date.

    Why would anyone hold just to get 66 cents when the stock will drop by that amount tomorrow. The market sometimes provides a graceful exit. Unconvinced? Look at the action in SDT. CHKR not as bad as SDT? You really want to bet on that? The same programs/hedge funds/algorithms that are killing SDT/SDR/PER are going to look for a new target tomorrow and guess what's in their sights?

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    • You can look at the daily chart and see the weakness begin in the last hour,12.90 down to 12.73.. The only thing with a bigger short target tomorrow is WHZ. Whz is the most finite of the trusts, expires when X amount of oil is extracted from the ground. I feel sorry for those who bought this stock today.

 
CHKR
6.30Jan 29 4:02 PMEST

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