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  • Chesapeake Downgrades Are An Entry Opportunity [View article]
    Cold of Biblical Proportions

    According to the chief Penn State meteorologist, NOAA, the Almanac and even the Bible (Google it) we are about to experience a really cold winter.

    Some outlier of a Christian cleric read it in the Bible.

    Nat Gas at 6 to $8?

    Couldn't have CHK at 40. No way.
    Oct 1, 2012. 11:25 PM | 2 Likes Like |Link to Comment
  • Buy Chesapeake Energy On Insider Buying, Debt Reduction And Asset Sales [View article]
    The weather guru at Penn State, the Almanac and even the Bible are predicting a cold winter of BIBLICAL proportions.

    We will be wild in the streets for Nat Gas by Feb.

    Yes, Google the Bible and this winter's weather. Some guy thinks..
    Sep 30, 2012. 11:52 PM | Likes Like |Link to Comment
  • On QE3: Buy Oil And Gas, Sell Obama Re-election Odds [View article]
    It would not be too bad if he learned everything he knows from a movie.

    The problem is all the lies he has growing around the movie.

    Anyway, I'll take a machete to a small part of the lying thicket.

    Easy. It is said that President Obama passed the Heritage Foundation's health care proposal. The president said something on TV and every other lefty says it wrong in unison.

    From Politifact:

    We agree with Heritage that the differences between its original vision and the version enacted into law are not trivial, and are enough to undercut the president's effort to secure a Heritage Foundation seal of approval for his bill. But the president helped his case by wording his statement with extreme care. Intentionally or not, he gave himself subtle linguistic running room by saying that "a lot of the ideas" for the exchange came from Heritage, including the concept of "just being able to pool and improve the purchasing power of individuals in the insurance market." Even if not all of the ideas in the two plans are identical, we feel that it was fair of him to say that "a lot of the ideas" are in common, including the notion of pooling.

    He probably guessed how it would be misunderstood by his zombies. It was NOT any plan drafted by Heritage.

    Their folks described it this way:

    Heritage continued its campaign against Obama's claim in an April 19, 2010, op-ed column in the Washington Post. The director of Heritage's Center for Health Policy Studies, Robert Moffit, wrote that "the version of the exchange we did develop couldn't be more different than that embodied in this law." He charged that "the Obama health-care law 'builds' on the Heritage health reform model only in the sense that, say, a double-quarter-pounder with cheese 'builds' on the idea of a garden salad. Both have lettuce and tomato and may be called food, but the similarities end there."

    See Politifact April 1, 2010. Online
    Sep 30, 2012. 08:35 AM | 4 Likes Like |Link to Comment
  • 3 Key Reasons Chesapeake Is Positioned For Rising Natural Gas Prices [View article]
    According to the chief Penn State meteorologist, NOAA, the Almanac and even the Bible (Google it) we are about to experience a really cold winter.
    Sep 30, 2012. 08:14 AM | Likes Like |Link to Comment
  • On QE3: Buy Oil And Gas, Sell Obama Re-election Odds [View article]
    Eric rules.
    Sep 29, 2012. 05:44 PM | 2 Likes Like |Link to Comment
  • On QE3: Buy Oil And Gas, Sell Obama Re-election Odds [View article]
    Yes, Wall Street had the bright idea for giving mortgages to people who couldn't afford them. That wasn't the goal of a bunch of Democrat activists who actually went to banker's homes to intimidate them or Obama who supported something called the Community Reinvestment Act. The Democrats pumped the bubble, they did! Don't even think about blaming the conservatives for the mortgage melt down. Now other things..OK.

    GAS? Every Democrat I can think of plays politics with gas prices and "Big Oil" .

    Oh yes and Obama sure loved to needle President Bush over gas prices. The problem is that the idiot Obama keeps playing with electric cars while we have millions out of work. Now who exactly is cold hearted? And used the green jobs seed money to pay donors back? Try Obama.

    Cold Romney? Who has no time for the kids and young men gunned down in Chicago?

    Who took off on a campaign swing to Las Vegas hours after we had an ambassador tortured and murdered?

    Who is lying all over the place about the Benghazi, Terror Attack and calling it a mob action started by a film clip? He was so busy acting big and bad with his exploding drones and shooting Bin Laden? Spiking the football even if it meant leaking secrets that make us less safe.

    He scares nobody outside of this country. His foreign policy had 20 embassies under siege. What a success!

    Finally, the government and banks have been securitizing mortgages for 50 years. Turn off MSNBC and open a book.

    Now on the poor, I agree with you and I would move to the ghetto if I were president. Paying unemployment or to keep men in jail makes no economic sense. The buffet tax idea (typical Obama) was so small it was silly politics but I agree that the super rich have been getting exploding net worth results. I have a theory on helping the poor into successful capitalism.

    That is another post. Peace.
    Sep 29, 2012. 05:43 PM | 5 Likes Like |Link to Comment
  • Chesapeake Won't Budge (Until 2013) [View article]
    Since both The Plain Dealer and the meteorologist at Penn State think a terrible winter is coming, we are going to have a tropical Christmas!
    Sep 29, 2012. 05:22 PM | Likes Like |Link to Comment
  • 3 Key Reasons Chesapeake Is Positioned For Rising Natural Gas Prices [View article]
    The Obama administration had tabled a new law allowing the export of Nat Gas and LNG. Some 40 Republicans brought it up and were told a decision would be made after the election. Then about 20 Democrats appeared to demand environmental tests since fracking is a worry. This group was led by a congressman who represents Vail, Colorado and the nearby area called the Colorado 2nd. His name is Polis or something like that. Vail used to rely on mining and farms but discovered a boutique retail district, ski chalets and hotels. Maybe he thinks we can all go into the resort biz.

    I will not mention the impact of ski resorts on mountains. Or what all that activity in the snow pack may be doing to the Las Vegas water table. I think someone may want to shut Vail down until we work some of the issues out.

    We need studies completed.
    Sep 27, 2012. 03:43 AM | Likes Like |Link to Comment
  • Chesapeake Won't Budge (Until 2013) [View article]
    Mr. de'Long, What market is high? Nat Gas?

    CHK may decline CHK may go bust.

    I would love to know where these financial monsters exist. Could they be in a dream after watching Dallas?

    Where do you people come from?

    After O was elected the entire financial system was due for wild inflation and collapse. It still is.

    That may happen, too. But where is the clear threat or indicator?

    Hysteria used to be a female ailment.
    Sep 26, 2012. 10:35 AM | Likes Like |Link to Comment
  • On QE3: Buy Oil And Gas, Sell Obama Re-election Odds [View article]
    No they were let off.

    From Wiki:

    The Department of Justice later narrowed the charges against Minister King Shabazz and dismissed the charges against the New Black Panther Party and Jerry Jackson. The decision to dismiss the charges has led to accusations that the Department of Justice under the Obama administration is biased against white victims and unwilling to prosecute minorities for civil rights violations. These charges have been most notably made by J. Christian Adams, who in May 2010 resigned his post in the Department of Justice in protest over the Obama Administration's perceived mishandling of the case, and by his former supervisor Christopher Coates.
    Sep 16, 2012. 01:47 AM | 4 Likes Like |Link to Comment
  • Chesapeake Energy: $3.3 Billion Permian Asset Sale Disappoints [View article]
    The important thing is paying the debts. I don't think they got top dollar for the assets they sold. But, knowing Aubrey, I don't think the buyers got the silverware from Pops and Thunder tickets, too.
    Sep 15, 2012. 05:59 PM | Likes Like |Link to Comment
  • 5 Commodity Stocks Moving On News [View article]
    Where are you getting info on PZG?

    My bud-analyst who chases many crazy things said I would have to get a house next door to the factory and be in the bar every evening and talking to learn about them. That would only go so far as I refuse to dress like a girl.

    Looking macro, however, any miner is going to rise the question is how far. The Mideast is a raft of trouble. We keep running to QE solutions for everything.

    On the other hand, the election is looming and Ben may not be the mad printer very long, The folks who may win think spending and tax cuts, as our POTUS said, "are the cure for everything.". Of course, you should consider that Europe is discovering the limits of social spending and the BRIC gang is taking a long, cold shower this year.

    Nonetheless, I am high on gold and silver and I am wondering where the guy is who predicted a slam down to "$1,400 and soon!" on these pages a month or two ago. Some people have too much emotion.

    With no info about the corps you mentioned and CHK looking settled at $20, I may throw money more on CHK for next year. Most CHK options look far off at $23 and $25 but my buddy says wait till Dec..
    Sep 14, 2012. 12:29 PM | Likes Like |Link to Comment
  • 4 Stocks Saved By Apple's iPhone 5 Announcement [View article]
    You mean $1,000 by Feb of 2014.

    I am just riding calls. $725 in Jan of 14!

    Thanks to Rocco and Beacon. I will sell shortly then buy on plateaus or dips.
    Sep 13, 2012. 04:29 PM | 1 Like Like |Link to Comment
  • 5 Commodity Stocks Moving On News [View article]
    He could probably answer you better than I. But I will offer what I know.

    As to your question, naturally, the book value will decline because you sold assets. I tend to worry about share price and book is an interesting detail.

    CHK needed to sell assets. They did so. Then CHK went down in share price.

    The problem is that the investors apparently are not as enamored of the price paid as they could be. Several of the Aubrey haters predicted that the sales were just part of a downward spiral and no player in gas was going to pay well (excuse the pun) for property or leases at this time. Of course, you had the real negative folks who thought that NOTHING would be sold and Chap 11 was in the offing.

    The sales were good news. However, I don't think that Chevron is in the habit of overpaying the competition.

    The worry for reasonable investors and analysts could be that the firm is shrinking and the future income is going to suffer due to the loss of potentially high performing assets. They probably realize that the firm still has good properties and is making a sound move into oil. If they listen to the company they would understand what is going on. Given the small stock decline, that is probably the case.

    Things will get better quickly if energy prices, esp. Nat Gas, continue to rise.

    I think that Aubrey should produce a movie of what is going on with the firm. Just having an informed audience would probably run the stock up 60% or so. And people might like him more.
    Sep 13, 2012. 01:21 PM | 1 Like Like |Link to Comment
  • Chesapeake Energy: Buy Or Sell? [View article]
    I got in when the firm really looked like "No Sympathy"'s description. At this point, this firm has had such extensive physicals that the compilation of facts from auditors and consultants would likely put to shame most any blue chip with the possible exception of our banks.

    The strange thing is how the rap against CHK resembles the political talking points we are all hearing in consisting of a collection of negative comments with little real research or facts behind them.

    An analyst I respect has followed them and told me to get in if I trusted Aubrey some time ago. My instinct said go with the guy although the extent of the board's shortcomings were unknown to me.

    The same analyst thinks that $45 a share is low by year end and the headline and rumor mill has poured tar on this firm to such an extent that CNBC and even Fox Business can't mention anything positive without looking really stupid for the knocks and cautions of the past year. So the price may sit at $16 to $20 until the black remarks are forgotten and that may take some time.

    Unless Nat Gas goes back to $1 I don't think it will take that long at all.
    Sep 12, 2012. 03:35 AM | 1 Like Like |Link to Comment