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Chesapeake Energy Corporation Message Board

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  • gormdd540 gormdd540 Jul 16, 2012 5:49 AM Flag

    I think the bottom is in on CHK. Looks like

    If you look at a chart of CHK,you will see that from the recent bottom,four times it has made lower bottoms and higher highs while rising 44.7%.
    Many times takeover prices are set at the closing average over the last 60 days.So every increase in chk price means we can expect a higher offer.

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