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CHK, chesapeake energy
Posted on 1/20/16 at 3:13 pm
Posted on 1/20/16 at 3:13 pm
been watching them for a while. looks like the new management is doing the necessary things (selling assets) to help out the balance sheet. how much more will they drop? I almost bought some today as a long term play but then noticed the volume of put options placed so I'll hold out a little longer.
5
Posted on 1/20/16 at 3:16 pm to roguetiger15
(no message)
This post was edited on 1/20/16 at 3:21 pm
Posted on 1/20/16 at 6:59 pm to Dr Rosenrosen
Owned this for several years. Sold at $35. I wouldn't touch it.
Posted on 1/20/16 at 7:27 pm to roguetiger15
I like to dabble with Comstock pretty frequently. They move ALOT, both ways though. At only a dollar and change, buying 5-10k shares provides some benefits. Small time but ive made a couple thousand here and there off them over the past 6 months. When it runs its usually 20%+.
Posted on 1/20/16 at 10:53 pm to roguetiger15
what's the attraction at all though ?
Posted on 1/21/16 at 6:09 am to roguetiger15
If you wait a little longer you can probably get it for free.
Posted on 1/21/16 at 7:54 am to roguetiger15
I would stay away. There are a lot of rumblings they may file Chapter 11 by end of 2Q.
Posted on 1/21/16 at 10:59 am to Stromile Swift
They should be announcing another round of layoffs soon also...based on word around OKC. I sold the majority of mine in the 30 range.
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