Other then the dividend this stocks performance has been zero. If you read what it is doing it sounds so great but then you see the financials and realize that much of the historics are just that nada.
Barons and a top commodity player all prodict sudden drop in oil prices, looking at CHK to go to $9.00. In my view the only thing that could protect us is a major war in the Middle East. With a hawk like Netenyahoo that could happen.
Which would be a stupid move on their part. NetenYAHOO is not a good leader. He cares for himself and not Isreal. If he does such a stupid move be prepared for the worse case scenario.....a major war. But oil prices will skyrocket and we will be the benefactors!
Couldn't agree more....I keep on buying on the dips. I do not expect any real movement until the fall.....unless we get lucky and a buyout occurs!!!!!!!!!!!!!!!!
Some of you are getting nervous over CHK. If you have bet the farm, then so be it. CHK will come back in a roar but not today and not tomorrow. Look for at least six months, in the meanwhile do what I do (if you can afford it) buy on the dips......good luck
He took a bath today but as he stated, the future looks great for the oil companies. Just take it easy, relax and you will see by the latter part of the year CHK will make us all very happy campers!!!
Patience......I too am in for about the same amount.....am still buying at these prices. The turnaround will occur in the fall, so go have a shot of good liquor and relax.
At this price CHK should prepare to be bought out/. Its natural gas alone makes it a perfect candidate. If last winter was a premonition for this winter look for it to go to $40.00. So load up guys the buyout is near!!!!!!!!!!!!!!!!!!!!!!!!