This price is a joke
Disappointing action today to say the least. I don't know in what mind frame some is selling or selling short.
Actually I thought yesterday's 16% rise was bit muted.
You you all three major credit rating agencies coming out with very positive comments. Company debt will be for the first time investment grade.
Recent sale just shows how valuable rest of CHK assets are (up to 50 billion).
There is very strong possibility of increase in dividend or even buyback.
Natural Gas was down this am but has recovered most of it since then. Oil is showing signs of stabilization.
Today's decline is totally insane
This is unbelievable. I expected climb to 22-23 are today with slightly favorable NG and oil prices.
Even without then I thought we could get 3-4% follow up.
Someone is desperately trying to keep lid on this boiling pot.
It does not take a rocket scientist to figure out that this is worth at least 2-3X current price