racerz

Chesapeake Energy Pre-Call Notes: Another Quarter, Another Beat

Lots of good reading here -- I'm now long CHK, and continue to add to my holdings, which also include ACI and BTU. All three up in afterhours trading, especially the coal. CHK's McCLendon appearance on Mad Money helps tonight, along with Cramer's continued support of this company. It's only a matter of time, and CHK is back to 60...and then up it goes into the dead of winter.

Soup Target; Cramer's Mad Money (7/22/08)

I don't remember Cramer recomendeing Wamu -- US Bancorp yes, out of his four fortresses - but not WM that I remember. He said he'd keep buying CHK into pain, too, and loves the company.


On Jul 23 10:10 PM DaveinHacken sack wrote:

> When did Cramer recommend buying WM? He's had the whole board of
> that bank on his Wall of Shame.

Loss of Clarity on Chesapeake's Peak

I've been in this game for 45 years buying, selling, holding, and even some day trading a few times. Never have I seen a market so absolutely crazy and I'm near 60 years old. I'm bullish on BTU and CHK at these prices, and have added to positions the last two weeks. I don't care if BTU and CHK fall further, becuse the longs are going to be partying this winter when reality comes home to roost. If BTU or CHK raises its dividend (BTU's earnings tremendous), the shorts/puts will go scurrying quicker than expected.
I also like ACI, and have added to my energy heavy portfolio with this one,too, as I have with Freeport - FCX (yes, pricey but great stock) and ABX in the metals sector.
Thus, you all know what I think is coming--and again, let the prices fall and I'll keep buying. Gas, coal, gold -- we're going to be fine.