Wait till all the new hires start getting ramped up, 1 year from now this stock could triple but will be holding long term another 2 bucks up and will be a break even anything after that is profit.
Their has to be more good news coming, no way they bringing in the big guns from other companies to get ready for the next step. Since the majority of the stock is owned by the big boys and will swallow up any weakness, the shorts either cover or get wiped out. Based on all the positive news coming I would not be surprised to see it double within six months.
I believe with the new hires and positions opening and now with this news about the money means that this will pop just not sure when. Let the retail traders come in and out but I will be like the big boys and accumalate when I can and let others worry about the day to day and when I cash out it will be taxed on long term rates and since I have owned for over a year I am still up a nice profit but in another year or two I can cash out and enjoy my fly fishing in my cabin.
Will agree that he is a better Ex President than a President.
Those are not cheap paying jobs, their has to be some news coming to be adding that kind of money and postions. To me looks like they are getting things ramped up for something within 6 months because those are positions that are not hit the ground running but planning to make things running. Just my opinion.
I think consolidation is going to happen and agree the strong will survive and weak ones eaten up, similar scenario shaping up as when all the baby bells started merging and bought out. Either Case CHK is in the position to get bigger by buying more assets or a big whale comes in and swallows up CHK with a nice premium from where we are. I am staying and will be adding positions, i can wait not day trading this one but will pay me every quarter.
i don't like the term retail investor, just investor is fine, perhaps they do have a advantage but you can see what the top permormers are buying, granted you won't get the same price but if you are long then time is your friend, pick stocks that you think will be around in 5-10 years
Right war but it happened at the battle of Bunker Hill and attributed to Prescott but no cell phone cameras at the time.
I invest in a software fix, since it will see single digits first, that is when I will tempt fate, 1 day uptick does not make a trend, the shorts are taking a break and sure they will be back again by the end of the week. I am not touching this till next year, want to wait for another earnings report first.
Lets be real the ones that get money first will be the lawyers and if you are on this board chances are you do not have the losses, take what you have left and go elsewhere, no one picks them right all the time, I got out in the 20"s with a litle haircut, I was thinking about getting back in at 7's or start building on the upturn, uptick is just the shorts covering and locking in the profites then they will be back and this will be going down again.
With pretty much all the Energy stocks taking a beating lately, anyone know what sector bouces back first, not sure how much lower some of these companies can go but will continue to build my cash and then get into a couple, XOM, perhaps drillers, any thoughts on who still makes money on low oil, transports?
i might test the waters at 7 that is my entry point if they show that they are reducing debt and good cash flow then it becomes a growth stock again till they are able to start a dividend again which will be a couple of years away, long term 5 years will be fine you will be either BK or nice return in 5 years.
Lets see what they say when it 7 bucks by end of week.
good luck, i am waiting for single digits. Then ride out the storm, 3 plus years and be back in the low 30's part of my gambling fund.