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Gold/Mining/Energy : Chesapeake Energy CHK -- Ignore unavailable to you. Want to Upgrade?


To: JERRY QUISENBERRY who wrote (304)11/24/1997 1:32:00 PM
From: Alan Wojtalik  Read Replies (1) | Respond to of 726
 
My guess is that it's being hit by a combination of crude oil prices falling and tax loss selling. I would assume there are buyers who got in at a much higher price before it tanked to the $8 - $12 area. I'm hoping the people who took a loss will get back in after 30 days.

Alan