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Chesapeake Energy Corporation Message Board

  • captnhairpiece captnhairpiece Jul 24, 2008 11:46 AM Flag

    Like I said NG to $7-$7.50

    I think this has more to go personally. To see final capitulation, it has to be rediculous. It's not yet. Once NG goes into the $8's I could see capitulation in NG companies and CHK slip into the $30's. Upper $30's, maybe $38. Again, if you like this company long term, averaging in here is fine, and it will not matter a year+ from now. Same if you bought at 70. Average down slowly and hopefully you learn a valuable lesson on stocks that get ahead of themselves.

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