Don't know why this stock trades very strangely. It was very strong in the early morning. Now, even when oil rebounds and NG is at same level, it is down? Very difficult to trade this stock.
Johnfowler, what is your target price when selling your shares? I'm looking for $10 by end of next year. You?
Why would they dilute it at this price? Why won't they wait till later when the prices higher?
Firecracker, curious to know, so even with dilution, what's your high end and low end target price for CHK? Do you think $15 for high and $10 for low are reasonable targets?
someone's knowledge of poor dilution? That's the only thing I can think of for this massive downslide. The other reason is that CHK is nearing BK which was happened to SGY when it ran up hard from $1.6 to almost $4 then slid to now .35 after company came out saying possible BK. However, with the help of Creighton and a few others, BK is a non-issue for CHK due to its debt control.
I guess the way we should look at this is a blessing in disguise? A great opportunity to accumulate at low prices? I plan to accumulate down to low $3s if that does happen, then let it ride.
CHK will be heading that direction much like what you saw for the $3.5 Puts now dragging us down? That would be awesome if that is the direction we're heading during that time. I'll be ecstatic if we revisit $6+ by then.
Do you think it's premature for me to act on that now?
Solars, can you help interpret what that means? Is 19 less than last year good? Does that mean it reduces supply and increases demand? Thanks
from our current price of $3.82. Still a 30% gain from here. I'm hoping that we will reach this level by next earnings. What does everyone think?
earnings? Possible revisit the $7s?
Bullsrun, what do you expect CHK to reach upon recovery pps wise? Do you at least see mid teens couple years down the road?
depressed share price. I don't get understand why they did it?