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Chesapeake (CHK) Bandwagon

Posted on 5/8/12 at 12:57 pm
Posted by ByDaBook
Laffayette
Member since Dec 2009
105 posts
Posted on 5/8/12 at 12:57 pm
Latest ticker has it at $16.60. With all the media hype surrounding McClendon's sweetheart deals, I'm thinking CHK has the potential to pop. Albeit they have major cash flow problems, this stock would be $25 easy if all the CEO conflict of interest news didn't hit the fan.

No way do I see CHK going bankrupt, nor do I see them getting taken over. I think McClendon will ultimately step down sooner than he would have planned.

Should I put all my retirement money in CHK?
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 5/8/12 at 12:59 pm to
quote:

No way do I see CHK going bankrupt, nor do I see them getting taken over. I think McClendon will ultimately step down sooner than he would have planned.



Just completely ruling those two out eh? Like the arbitrary $25 reference as well.
This post was edited on 5/8/12 at 1:00 pm
Posted by C
Houston
Member since Dec 2007
28164 posts
Posted on 5/8/12 at 1:03 pm to
quote:

Should I put all my retirement money in CHK?


You should diversify:

20% Iraqi Dinar
20% CHK
20% Mutual Fund Penny Stocks
20% Red
20% Even
Posted by gonads&strife
Member since Dec 2011
1885 posts
Posted on 5/8/12 at 1:04 pm to
Are you a stock analyst because that is some quality shite rite thar.
Posted by tirebiter
7K R&G chile land aka SF
Member since Oct 2006
10717 posts
Posted on 5/8/12 at 1:09 pm to
...he's utilizing ByDaBook of bad investing.
Posted by BROffshoreTigerFan
Edmond, OK
Member since Oct 2007
10004 posts
Posted on 5/8/12 at 1:12 pm to
At one point last week, they turned the stock ticker on our homepage off.

There was a nice two page thread on chk last week, and I must say that none of the responses made me feel all that comfortable as an employee.
Posted by rmc
Truth or Consequences
Member since Sep 2004
27251 posts
Posted on 5/8/12 at 1:25 pm to
quote:

At one point last week, they turned the stock ticker on our homepage off


That's funny. I honestly thought about selling off AAPL at 620/630 and going in with most of that to CHK around 21/22. I don't feel so bad about holding AAPL and it dropping as much as it has since CHK wouldn't have been any better.

I still keep up with CHK and I am way too scared to jump on it. Most of it has to do with natural gas prices and a little to do with McClendon.
Posted by barry
Location, Location, Location
Member since Aug 2006
51333 posts
Posted on 5/8/12 at 1:28 pm to
CHK didn't hedge their bets and now they are paying. Hope they can come out of it alive.
Posted by jonboy
Member since Sep 2003
7439 posts
Posted on 5/8/12 at 1:33 pm to
quote:


CHK didn't hedge their bets and now they are paying


The irony of not hedging your bets when your CEO ran a secret hedge fun.
Posted by rmc
Truth or Consequences
Member since Sep 2004
27251 posts
Posted on 5/8/12 at 1:44 pm to
quote:

CHK didn't hedge their bets and now they are paying.


When I was out below San Antonio, there was a major shift from NG to Oil around late Dec. Maybe earlier. Seems like they should have made that move sometime before that. Their NG reserves don't do much good when you have warm winters and $2/cu ft prices.
Posted by ByDaBook
Laffayette
Member since Dec 2009
105 posts
Posted on 5/8/12 at 1:56 pm to
quote:


20% Iraqi Dinar
20% CHK
20% Mutual Fund Penny Stocks
20% Red
20% Even


I actually like that idea A LOT. Also a finance major working for HAL. However, I'm never in a stock for the long term (> 3 months for me) and basically like to gamble on the qualitative sides of things. I do think they have substantial oil and liquids rich reserves in the Permian they might have to part with...Your diversification strategy is ingenious...I do that all the time with .001 penny stocks (inar.pk all the way!).
Posted by BennyAndTheInkJets
Middle of a layover
Member since Nov 2010
5814 posts
Posted on 5/8/12 at 1:59 pm to
quote:

You should diversify:

20% Iraqi Dinar
20% CHK
20% Mutual Fund Penny Stocks
20% Red
20% Even


I don't feel like this post got the recognition it deserved. I'd go with.

20% 30-year GGB's
20% RIMM
20% Union Rags
20% CHK
20% Any Russian quasi-sov bond trading at a premium.


Posted by BROffshoreTigerFan
Edmond, OK
Member since Oct 2007
10004 posts
Posted on 5/8/12 at 2:19 pm to
quote:

The irony of not hedging your bets when your CEO ran a secret hedge fun


at all you frickers. The whole lot of ya!! :casty:


Posted by GregYoureMyBoyBlue
Member since Apr 2011
2964 posts
Posted on 5/8/12 at 2:23 pm to
quote:

20% ANGI
20% Chinese IPOs
20% GGB
20% CHK
20% Dinars
Posted by Me4Heisman
Landmass
Member since Aug 2004
5512 posts
Posted on 5/8/12 at 2:28 pm to
I swear i thought you were a lawyer.

/hijack
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 5/8/12 at 2:59 pm to
You guys should really think through your investments with a scenario analysis approach

20% Gold/silver/palladium/galvanized tin - hedge against FIAT Currency. Doesn't matter what it is, just no FIAT.
20% Anheuser Busch* - Anti Cyclical
20% Bomb Shelter/MRE's/Tin Foil - For when Obama
20% Small Arms Rifles and Ammo - for when that socialist nigerian America hating Mooslum tries to take my guns.
20% boats - Zombies can't swim.
20% black tar heroine - Inelastic Demand, FTW


*I meant an indexed fund of beers produced by AB, not the stock.
Posted by C
Houston
Member since Dec 2007
28164 posts
Posted on 5/8/12 at 3:06 pm to
I think you divide by zero at some point...
Posted by BROffshoreTigerFan
Edmond, OK
Member since Oct 2007
10004 posts
Posted on 5/8/12 at 3:10 pm to
Teach me how to invest 120%.
Posted by GregYoureMyBoyBlue
Member since Apr 2011
2964 posts
Posted on 5/8/12 at 3:11 pm to
quote:

Teach me how to invest 120%.


Take out a loan from the Mob...
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 5/8/12 at 3:15 pm to
quote:

Teach me how to invest 120%.


Done intentionally.

Such a full proof scheme deserves a quarter turn of leverage.
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