Hedge fund manager Mohnish Pabrai nearly tripled his holdings of Chesapeake Energy (CHK +1.5%)...

Hedge fund manager Mohnish Pabrai nearly tripled his holdings of Chesapeake Energy (CHK +1.5%) during Q3 and now owns nearly 3M shares of the embattled company. His purchase prices were in the $16.83-$20.52 range, with an estimated average price of $19.08.

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Comments (5)
  • FoolIggy
    , contributor
    Comments (22) | Send Message
    Most of ONLY wish we had access to the funds to "bet" on the stock of our choice.


    This stock, it is only a matter of time, will hit $30 a share. The big boys are lining up to buy a GOOD DEAL right now and everyone's 401(k) is benefiting from their action and the future.


    May take several years but worth the wait as America because world leader in oil & gas production and a GREAT way to payoff our national debt!!!! Now it is our turn to "barter" with the world for something no country can live without, ENERGY!!!
    13 Nov 2012, 02:30 PM Reply Like
  • auto44
    , contributor
    Comments (3569) | Send Message
    Good to see some of the smarter folks in investing see the future value of assets and understand the current headwinds will not last forever.
    13 Nov 2012, 03:01 PM Reply Like
  • SoldHigh
    , contributor
    Comments (991) | Send Message
    Even with Obama and his jack-booted thugs at the EPA doing all they can to cripple the natural gas industry, it is succeeding and will continue to do so as it helps the US gain energy independence.
    13 Nov 2012, 03:18 PM Reply Like
  • Factzplz
    , contributor
    Comments (306) | Send Message
    SolsHigh's comment is asinine.


    Republicans blocked the self-funded Pickens' Plan five (5) times which would have made the U.S. free of imports, created 3 million jobs, reduced the deficit by $250 billion per year, stopped sending $500 billion per year to OPEC, introduced $800 billion in domestic spending, and brought down the cost of gasoline for nat gas to $1.50 per gallon equivalent.


    The fact that the U.S. flares off more gas than is used, the BTU equivalent of current oil imports, the U.S. could already be OPEC-free.


    The EPA did nothing wrong, but the Republican minority who blocked legislation that made 3 million people remain out of work so one man would lose his job.
    13 Nov 2012, 10:16 PM Reply Like
  • auto44
    , contributor
    Comments (3569) | Send Message
    FACTZPLZ As usual you gave no facts to substantiate your allegations.
    14 Nov 2012, 09:27 AM Reply Like
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