drdon

Porter Stansberry: Pockets of Promise in Natural Gas and Oil

To think that Chesapeake Energy will go bankrupt within 10 years is the height of total folly. This company sits on some of the most prolific natural gas reserves and is ripe for being bought out by a major oil and gas company ala XTO. This is one time Mr S. is barking up the wrong tree.

Chesapeake Energy Appears Very Well Positioned

I have been a stockholder for several years. In the last month I added to my holdings. This is an exceptional company, with exceptional management who put their money where their mouth is. Natural gas will have its ups and downs but always seems to have higher highs and higher lows. This, together with my XTO holdings is making me a happy camper.