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take a look at CHKs recent statements. They are increasing their reserves. I like em and have been buying over the past year from $9-12. Think McDep values them at $24 or so.
True. But as Lurch has pointed out they are also increasing debt and number of shares outstanding. I have mixed feelings about the stock. Have a small position.Erico
They take large personal positions in all of these new issues. So who is negotiating the terms? I have a small position also sold 1/2 at lower prices unfortunately.