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Gold/Mining/Energy : Chesapeake Energy CHK

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To: Aquaman who wrote (572)9/25/1999 9:49:00 AM
From: Ed Ajootian  Read Replies (2) of 726
 
Aquaman,

Looks like you may get your big chance for that buy under $3 on Monday. Why this stock is tanking on good news is beyond me. Maybe a lot of folks who own this stock also own tech stocks and they are dumping this one to meet margin calls.

The only other thing I can think of is that a lot of the folks who bought under $1 are using this news as an opportunity to take profits, before the next few months' AGA reports drag down the price of nat. gas again due to higher than expected storage injection rates.

I am still sticking with my plan of holding until 3Q numbers come out. Not looking too solid at this point.
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