Chesapeake Energy CHK Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Chesapeake Energy CHK

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ed Ajootian who wrote (509)	5/17/1999 5:00:00 AM
From: John Romeo	Read Replies (1) of 726

Ed, Have been out of country and just back in,did they do any hedging in that last qtr?Got any prices and do they plan on hedging this qtr or farther out. Any help on these debt issues,the notes,and preferred completely passed me by where do they trade. Is it too late, are they worth looking at? I own the common for a few years and got in at higher prices I have done some spot buying here and there and brought my basis on the common down to $3.Not happy with inability to hold $2 even as natural gas is trending over $2.20 cash and oil at $18 cash. What is the course here,early May over $2 and need to move to 5 or be delisted, I do not see price support on the common and have seen it test November$2.60 but quickly correct to 1.81 Friday. This is a very interesting chart pattern. Technically it is short term oversold within an upward/neutral long term MACD trend. Also the buying power still remains strong. Which makes it a great trading buy. This stock just makes me scratch my head.The chart says great buy,everyone has their reason for the stock to move up.This is like playing a board game.Just roll the dice. Any thoughts greatly appreciated. John

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next