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.

Wall Street Breakfast: Must-Know News

Tax receipts will jump in the short run as anyone including Wayne Huizinga will sell anything with a cap gain to aviod the soon to come spread the wealth tax plan.

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.