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Gold/Mining/Energy : Chesapeake Energy CHK
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To: Kip518 who wrote (627)2/22/2001 11:06:42 AM
From: Mark Adams   of 726
 
Consistant selling north of $6 last fall, probably stock from options granted near the bottom. This was overhead resistance as the stock rose. If you look at the yahoo profile, it says this selling totals 1.6 million shares.

Note- I bought CHK at around $5 before it dropped to $1, then sold as it breached $8. I'm happy they are doing well, and I made a profit, but this insiders clearly had the inside track- low risk, salary and a nice profit.
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