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  • Chesapeake Vs. Encana: A Comparison Using The Altman Z-Score [View article]
    My guess is a company has to have a low Z score to draw the likes of Icahn.
    May 26, 2012. 12:43 PM | Likes Like |Link to Comment
  • Mr. Icahn, Chesapeake Energy Shareholders Stand Behind You [View article]
    The future for NG is bright. The conversion of trucks to running on NG is likely to take off if the Congress ever passes The Natural Gas Act. The exporting of NG to country's hungry for it, at $14 per bil BTU, is in the formation stage (Blackrock is involved in that too). Our problem as shareholders is will our company survive. There are many good thoughts expressed in these comments and with this kind of interest I'm encouraged.
    May 26, 2012. 12:33 PM | Likes Like |Link to Comment
  • Carl Icahn discloses a 7.56% stake in Chesapeake Energy (CHK +1.5%) via 13D filings. Icahn: "If you continue to arbitrarily refuse the request we have made for shareholder representation, we, as activists, will immediately take whatever 'actions' we feel are necessary to protect the value of this company."  [View news story]
    This threat is interesting. I'm not sure what "actions" he might take but the comment is aimed at shareholders, and I construe it to be platform building. In other words it's part of his ultimate plan. I'm thinking he might attempt to compel the company into bankruptcy with the common shareholder getting nothing.
    May 25, 2012. 04:18 PM | 2 Likes Like |Link to Comment
  • Chesapeake Energy 1 Of 3 Long-Term Prospects To Consider [View article]
    With the way McClendon has run this company can anyone be assured the books reflect the absolute truth?

    In my opinion, the only reason to speculate in CHK is the involvement of Blackrock and Icahn,
    May 25, 2012. 03:30 PM | Likes Like |Link to Comment
  • Chesapeake (CHK +2.6%) shares rally into the close on a Bloomberg report that Carl Icahn has purchased at least a 4% stake in the company. Note that the latest quarterly disclosure of Icahn's holdings showed no CHK shares; he had reported a 5.8% stake in Dec. 2010.  [View news story]
    I think this is old news. Icahn made a bundle the last time he forayed into CHK, so my guess is he sees another bundle, This is the first positive for CHK in weeks.
    May 24, 2012. 04:09 PM | Likes Like |Link to Comment
  • Why Investors Are Selling Chesapeake Like Crazy [View article]
    I am surprised this company continues to warrant so much chatter, including recomendations. It seems to me the status of CHK is to prove over the next few years it can survive. It is unlikely to return anything for investors except risk. McClendon has just about ruined his own company and he has to prove he can manage.
    May 23, 2012. 06:57 PM | 5 Likes Like |Link to Comment
  • Patriot Coal (PCX -28.6%) plunges and is pulling all coal stocks (KOL -1.8%) lower, due to a report the company has fielded informal pitches from bankruptcy advisors. Last week, PCX delayed a refinancing after disclosing a potential contract cancellation from a key customer. ACI -7%, JRCC -6.3%, ANR -5.1%, BTU -3.8%, WLT -3.5%, CNX -2.3%.  [View news story]
    rjj1960's comments are increasingly true in my opinion. Look at this Facebook fiasco.
    May 22, 2012. 12:34 PM | 5 Likes Like |Link to Comment
  • Freeport-McMoRan: Grasberg Violence Could Sink Stock [View article]
    Are we witnessing the gradual marginalizing of this great copper company? I wish someone who knows the company well, but is not an employee, would talk about this company's future.
    May 18, 2012. 06:41 PM | Likes Like |Link to Comment
  • Gold adds to earlier gains, +2.7% at $1578.60 and bouncing off 10-month lows on technical buying and as shorts get squeezed. Big miners rally on heavy volume: NEM +6.1%, ABX +6.4%, GG +7.9%, KGC +7.5%, IAG +6.4%, AEM +6.1%, AUQ +10.8%. Smaller miners jump too: MUX +14.7%, BAA +13.7%, PVG +11.1%, AZK +10.6%.  [View news story]
    Gold has been in a correction for almost a year and was quite oversold. Last night, however, GLD closed at a very important support level. Today's bounce was largely predictable. I don't know if this is the bottom but I doubt we are far from it.
    May 17, 2012. 12:22 PM | 1 Like Like |Link to Comment
  • Deutsche Bank raises its rating on Chesapeake Midstream Partners (CHKM +2.5%) to Buy from Hold after CHKM reassures investors on the issues swirling around its parent company (CHK). Despite the rough patch, the firm believes CHKM operates quality assets that offer the potential for above-average distribution growth over the next several years.  [View news story]
    If my memory serves me right CHKM had a transaction with CHK in which in which CHKM passed a great deal of money to CHK. I wondered at the time if the wall between the two was intact.
    May 17, 2012. 10:42 AM | Likes Like |Link to Comment
  • Shareholders ask a judge to delay Chesapeake Energy's (CHK -4.2%) June 8 annual meeting, arguing investors need more information to make "an informed vote" on proposals concerning Aubrey McClendon's compensation and the re-election of board members.  [View news story]
    It is my opinion CHK will never achieve it's potential with McClendon in charge. A review of the history of CHK going back just 10 years
    demonstrates clearly McClendon feels CHK is HIS company and not the shareholders. If the shareholders feel they need more time Let them have it.
    May 16, 2012. 06:21 PM | 1 Like Like |Link to Comment
  • Shareholders ask a judge to delay Chesapeake Energy's (CHK -4.2%) June 8 annual meeting, arguing investors need more information to make "an informed vote" on proposals concerning Aubrey McClendon's compensation and the re-election of board members.  [View news story]
    I agree, chk will never reach it's potential with Aubrey McClendon running the show.
    May 16, 2012. 06:15 PM | 1 Like Like |Link to Comment
  • Much of the world's recent increased agricultural production and fertilizer demand has come from China, but both may be hitting a wall. Among forces driving the slowdown: China is nine years ahead of schedule on production of staples, it's running out of arable land, and it's finished converting land to fertilizer-heavy crops like corn. It could mean trouble for POT, MOS, AGU, IPI.  [View news story]
    I fail to understand why some feel China is headed back to the dark ages now that their growth rate is down to 8% or so. Also keep in mind most of the countries in Asia, such as India, are major fertilizer importers. Many of the gloom and doomers are caught thinking the world revolves around North America.
    Apr 18, 2012. 07:17 PM | 1 Like Like |Link to Comment
  • Gold Valuations Say Avoid Miners and Their ETFs [View article]
    I question whether gold stocks, including miners, can be analized using the same semantics, ratios, etc., as other stocks. I feel this way because gold is not a commodity in the same sense as copper. Gold is money. Gold is the only real money. All others are fiat money.
    If you want to try to calculate what gold is worth, today, one must take into consideration the realities of paper money. The planet's debts are so incredible that a new financial system is a certainty and gold will be part of it. When this happens what will gold be worth? Thanks...Dinky
    Feb 1, 2011. 01:42 PM | 4 Likes Like |Link to Comment
  • Time-Tested Wisdom: For Commodity Bulls, 'Don't Fight the Fed' Becomes 'Don't Fight Beijing' [View article]
    We have a convergence of negatives occurring which likely will take it's toll on markets. The need to slow China's economy down, the soverign debt continuance in Europe, the modest kickoff to our Christmas shopping season and the lack of a big sector to lead.

    But a decline of say 1,000 points will present bigtime opportunity. Another $100/oz down in gold will lead to another chance to get aboard the precious metal bull.
    Nov 28, 2010. 11:32 AM | 3 Likes Like |Link to Comment