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Chesapeake Energy Corporation Message Board

  • biospaceman21hero biospaceman21hero Apr 16, 2012 8:17 PM Flag

    Duffas or genius

    Bought 2,300 share today at average price of $19.16... Thought feedback welcomed.

    My logic:

    Coal fied plants are being closed...EPA overreach
    Everyone hates NG...contrarian
    Cold weather ( and hot) will eventfully return
    Rig count declining
    NG increasing petetration in auto sector
    Rapid decline in stock

1.8025-0.2375(-11.64%)1:55 PMEST