SI
SI
discoversearch

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.
Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: John Koligman who wrote (169347)12/5/2008 2:21:36 PM
From: ItsAllCyclicalRead Replies (1) | Respond to of 306849
 
Agree, but CHK has their cash flow/sales more or less locked in for the next 3 years at decent prices. Natural gas unlike oil is more dependent on weather and production will be shut in at lower prices. There's no OPEC for NG. NG is more self-correcting that oil imho. But these are FA arguments. If the firm doing the secondary is shorting w/shares coming available later none of that matters.



To: John Koligman who wrote (169347)12/5/2008 2:35:42 PM
From: Think4YourselfRead Replies (2) | Respond to of 306849
 
oil and gas prices are going to get lower. There are still players who will be forced to leave the market.

Energy is going to be a phenomenal investment soon. Right now it's just a good one. Own a token amount of CHK shares now, just to keep an eye on it. I'll start loading up on CHK when it hits 8, and average down from there. That should occur by the end of January.



To: John Koligman who wrote (169347)12/5/2008 4:38:46 PM
From: patron_anejo_por_favorRespond to of 306849
 
The cure for low oil prices IS low oil prices. As in the past, so will it be again.....only sooner, because other consuming nations are now growing much faster than the US.