22thoroughbred

Chesapeake Energy Unlikely To Remain this Cheap

I own the common, but have accumulated a nice size position in the pfd. class "E" (CHKpE) it pays a $15.64 annual dividend, or just a touch under 9% at $175.00, and is convertible. The pfd. traded as high as $535 in the last 12 months. When nat gas comes back there is a good chance the pfd. doubles to $350 within 12-18 months and there is a nice payout while you wait.

Peak Oil Stocks for the Future

Why aren't there hearings inthe the profit margins on Nintendo or Take-Two's games, they make more than 10-12% net on their product, oh yah I know, it makes no political points. If the oil companies weren't dealing with such huge numbers 10%-12% NET profit wouldn't mean anything. It;s like tobacco, no politician will defend oil or tobacco because it gets them no points so they just keep holding hearings. Stop wasting time, if I was an oil exec. I would just call them out on live TV and ask "exactly what has congress or the senate done to help increase oil supplies in the last 10-15 years? Then the hearings would stop