andy b

Chesapeake Energy Unable to Rally Even After Positive News

Everyone I know in my town (northcentral Wisconsin) has gas heating bills running $100 to $200 for the last month and winter has just started. That gas is coming from somewhere, any backlog will eventually be depleted and the price sure hasn't gone down from last winter.

I bought CHK at $16.25 and if it keeps getting lower I'll keep buying while it's low because it will eventually go back up. I'll be waiting to pounce on the author's anticipated $10.00 price per share.

I'll go with billf922's assessment. It almost seems like the analysts are trying to scare the little guys out of the markets with bad reports of gloom and doom so the big guys can swoop in and recoup their huge losses from their greedy and stupid ways of allowing others to do their investing for them.