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Chesapeake Energy Corporation Message Board

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  • reji reji Dec 24, 1997 2:42 PM Flag

    chk blues

    You should wait for next 6 weeks and may be you will get your money, otherwise do you know what is averaging? You may
    recover that way. If you are a patience investor your reward will be their. I bought MRK for 48 and it dipped in 20's and 30's for
    aslong as three years I sold my holding at $70 and now I regret I would have held it longer it traded as high as $108 to 120. If
    you have heard IBM then have patience and wait set your target profit and sell it than. I you can control your emotion and
    overcome two demons FEAR and GREEd you are on your way to reap good profit. I recommend you to hold or sell me at 6 3/4 and go and
    read W.Buffett and Peter Lynch book you may get some investment disciplines. Happy Holidays........Bye the way I am accumulating
    at this level, If it dips below I will have a truck to load, I see managements waited interest in this company and they have
    42% holding, 8% is held by another investor, 7% by another and so on .... So my target is 12 to 14 in next 6MOON and I am
    dumping..

 
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