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  • 30 Stocks Worth Investigating for 2009 [View article]
    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.
    Jan 13 12:17 pm |Rating: +1 0 |Link to Comment
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