applesauce

30 Stocks Worth Investigating for 2009

Hedged a large amount of gas at over $ 8 for two years and sold a large amount of land to majors in partnership. When nat gas comes back, and it will, they can leverage huge positions quickly with rigs and equipment company owned. It's -27 in the mid west and they are burning gas and Russia is playing games which will certainly cause a international event .


On Jan 08 11:53 AM CHK Burned wrote:

> Chesapeake continues to be overleveraged on future returns based
> on an over supply of natural gas. The $75 million dollar gift to
> Mr. McClenden is further proof that Chesapeake expects further decline
> in it's ROA. The stock lost over 60 percent of it's value in 2008
> and it's still rated as an outperform? Would somone please enlighten
> me why this company continues to be rated so high?
>
> It sounds to me like the board of directors is filling Mr. McClenden's
> pockets for his personal stock losses and is leaving other shareholders
> high and dry.
>
> I really think that your list is a "sheeple" mentality. I see buys
> in WFC, CX, GE & DE.

Chesapeake Energy: Back from the Dead

The hedging was brilliant, I would not be suprised that Nat gas as part of Obamas plan will rise above $ 12 in 2010 and ChK may combine with COP or another major.

Boone Pickens' Capital Funds Down; Investors Withdrawing Money

Obama will certainly help the energy industy pay more taxes so they will stop investing in the US and go abroad even more than today, Hal already has one foot out the door. With the slowing in new discoveries the cost of energy will skyrocket if and when the economy gets it's footing. In five years
we will be having the same conservation, "it will take five to ten years to get the oil so why try now." We have been without a thoughtful energy plan since the early 70's and Mr. Barry Obama will not have one that helps this counrty . We need to build some Nuke plants, use nat gas, coal, wind, solarand bio-fuels in that order.

T. Boone Pickens Holdings Down Nearly 20% This Quarter

BP woulk not be paying CHK 1,9 bil for a 25% share of declining fields.
They did their due diligence and CHK is simply using OPM to find more areage for future developement. Boone has been off on his timing but long term supply demand equation says higher prices. Wait until Putin shuts off Europeon gas this winter or when Israel drops a cookie on Iran.