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Gold/Mining/Energy : Chesapeake Energy CHK

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To: marie fouchia who wrote (242)8/29/1997 12:14:00 PM
From: Gutterball   of 726
 
I don't think management should carry all the blame for what happened to price last year when it went to $80 pre-split. There was some manipulation that Chesapeake took steps to prevent--like certain funds loaning stock to short or something like that.

Besides, some analysts said CHK wasn't worth those high prices but the idiots just kept on buying. Now with valuation at $13.50/shr and price at $8, CHK is worth re-considering.
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