Shorts are just working here down.....sad, very sad.Look for sub $6 this week if there is no strong reversal today.CHK is up 1% and we are now up only 1 penny
It had to be done:http://www.youtube.com/watch?v=5gqT6En2O78
Options x, yes but MAXPAIN is $6SHorts are just working her down, no buyers.Above $6.62 and I'm in... I hope it happens.
The most open interest is at $7.00 - wouldn't the price pressure be towards that number?
I wouldn't make too much of it. The chart looks just like the other small o&g companies today (KOG, MHR, etc.). And with oil up close to a dollar... Not really sure why.
$6.62 I'm getting back in long.
Let me shout it to you guys. IT'S OPTIONS EXPIRATION! Sub 6? I don't really think so.