For every ounce of gold in the Comex reserves, there are 111 certificate holders. If one per cent opt for delivery, the orders cant be met. Gold can be manipulated only so long. Things are about to pop.
This stock is WAAAY oversold. I increased my position by 40 per cent @ 24.59.CHK is now 40 pre cent of my entire portfolio. I wont stay that way, and it is a little scary, but ANYONE who doesn't recognize THIS OPPORTUNITY should not be investing.
GE is financing big trucks that use nat gas? Isnt THAT interesting. GE was going to phase out of financing. What a co-incidence.
Sentiment: Strong Buy
OH GREAT CARL, THE ICON, Crush and destroy these godless shorts who rise up against us. Cast them into the bottomless abyss of financial ruin.Cause them to be trapped in their inequities, and called on margin..Amen.
After news of the pipeline sale, and the obvious short squeeze, I figured today would be another banner day. Unfortunately, Mr. Market is wringing his hands over China and Mc Donalds, the very worst fast food chain in America. BFD! I guess tomorrow or Monday, someone will notice that oil and nat gas are going thru the roof, and profits will resume.
I caught a falling knife. My wounds are superficial (so far). To all the badmouthers posting, I have made pretty good money on this stock. I bought in my original position @16.80. Ive been kicked out three or four times, but the growth has been good. This is a bump in the road. If you cant stand the heat, get out of the kitchen, but quit WHINING!