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  • keltus1952 keltus1952 Dec 7, 2008 1:18 AM Flag

    EPL move down

    You could very well be correct. Back in about 1998 or '99 I bought CHK at about 60 cents (4000 shares in my IRA account). Unfortunately I sold it at 1.14 or thereabouts. Has since run up to about $70 and is now in the $10 area.

    Even at .60 CHK was showing positive cash flow although they temporarily suspended their preferred dividend which was later resumed and the arrears were paid up.

    Am still holding EPL at a cost of about 5.65.

    Thoughts and memories.....Kel

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