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re: Chesapeake Energy...

Posted on 6/4/12 at 8:51 pm to
Posted by rmc
Truth or Consequences
Member since Sep 2004
26589 posts
Posted on 6/4/12 at 8:51 pm to
There was a long thread about CHK about 2-3 pages back. I got in at 16.04 week before last. It closed today @ 16.52 fwiw, not mid 15.

From purely an asset standpoint, I have some comfort in thinking they will not totally go under. I remember seeing asset valuations that had bloggers giving price targets in the 40s, 50s and even 60s last fall. Of course, a lot has changed since then. I am long CHK right now, keeping my reader on CHK a lot.
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