Among the new positions added by David Tepper's Appaloosa Management in Q1 are Bank of America (BAC), Citigroup (C) and Hartford (HIG). Tepper also likes a couple of mortgage REITs, taking new positions in Chimera (CIM) and Two Harbors (TWO). (13-F) [View news story]
Every now and then, you get an opportunity to make big bucks in the stock market.. Now is the time to make a buy. BAC is a steal.
Chesapeake Energy (CHK) created $17/share of value in 2011, while nat-gas prices decreased 40%, according to its most recent presentation. While the $17 of value creation isn't too far from CHK's entire current share price of $21.70, shares have fallen almost 21% over the past year. (submitted by Devon Shire) [View news story]
Let’s look at Chesapeake Energy! When I think of Chesapeake, I think of nat gas. Over the last 40 years nat gas consumption went up 14%. Now what has happened to production? Production has went up 20% in just 5 years. The numbers don’t work! Run!!! David Rogers (Dominical, Costa Rica)
Among the new positions added by David Tepper's Appaloosa Management in Q1 are Bank of America (BAC), Citigroup (C) and Hartford (HIG). Tepper also likes a couple of mortgage REITs, taking new positions in Chimera (CIM) and Two Harbors (TWO). (13-F) [View news story]
Chesapeake Energy (CHK) created $17/share of value in 2011, while nat-gas prices decreased 40%, according to its most recent presentation. While the $17 of value creation isn't too far from CHK's entire current share price of $21.70, shares have fallen almost 21% over the past year. (submitted by Devon Shire) [View news story]
David Rogers (Dominical, Costa Rica)