Chesapeake Energy CHK Message Board

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Gold/Mining/Energy : Chesapeake Energy CHK

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To: Mark Adams who wrote (389)	5/11/1998 5:50:00 PM
From: marie fouchia	of 726

I don't know how to read these reports. Sounds to me like management is blaming losses mostly on the drop in gas and oil prices. Then they mention the dry wells they invested so heavily in that plunged the stock price with no prior warning from the company (which, BTW, cost me thousands in losses I was forced to take, having been on margin. Tough, brake--huh. So I keep an eye on this sucker. It does seem that with no sell off after this report, that the downside must be in the price (but who knows--I guess it could plunge to 2 or worse even!!) Bottom line--once I've been badly burned, I rarely trust anything that management has to say--nor do I ever want to invest a penny in their company again--BUT for quick buck, on the other hand,---This one sure seems to have bottomed out----no?? If I were a bottom fisher, I'd be giving this one serious consideration. Also--totally speculative, but CYSP looks interesting, before someone hypes it up and its too late (hahahahaha). I don't own either--am waiting to see what "Lionmaster" says first HAAhhahahahahahaha!!!!!!!!!!!!!!!!

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