When we were at $14 we were saying buy or not to buy.
Here's what I have learned about the market. There are stupid things that give you into a low way into the market. This is CHK gold. What was just voted in agrees that gas and oil is our ticket. Shortly, you are going to hear that gas is the power of the US. Nobody wants to say it until they are locked into it.
All of the gas storage talk is jack #$%$. More gas; more money. The next step is gas.
There is no stopping it.
Over time, the big players will rule. I would not be suprised if Exxon does not buy out CHK. Over time, one of them will buy out CHK. Book is high. PE is low. Over night the price will be $25.