Monday, May 23, 2016 10:34:21 PM
I'm long for one other reason. CHK hit $7 and then Barclay's, the biggest crook on Wall Street, came out and said it was only worth $1. The stock started a downward slid. Volume never exceeded average all during this drop. In fact, many days volume was off as much as 50%! Volume confirms price moves. It is obvious that the major investors decided not to sell. They didn't buy on the dip either. Why? They see something they like in Chesapeake that has not yet materialized. I think what everyone is waiting on is the passing of the gas shoulder season and the appearance of a the hot humid summer, forecast by all the weather experts. IMO, when gas hits $2.25 I think you will see a lot of major players double down. The confirmation will be volume in excess of 70 to 80 million shares and a 20% rise in price.
Bottom line: Chesapeake in strictly a gas play. If we get a humid record-breaking summer, CHK will triple from here. If we get a cold winter, CHK will quadruple.
Chesapeake is a bet on the weather! Forget all the other nonsense!
Recent CHK News
- F5 Shares Rise 15%; Diageo Falls 10% on Annual Sales Decline; BP Boosts Dividend and Buyback Program • IH Market News • 07/30/2024 10:03:59 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 07/29/2024 08:14:45 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/29/2024 08:06:19 PM
- CHESAPEAKE ENERGY CORPORATION REPORTS SECOND QUARTER 2024 RESULTS • PR Newswire (US) • 07/29/2024 08:01:00 PM
- U.S. Index Futures Climb Pre-Market as Tech Earnings, Fed Meeting Loom • IH Market News • 07/29/2024 10:25:38 AM
- CHESAPEAKE ENERGY CORPORATION PROVIDES 2024 SECOND QUARTER EARNINGS CONFERENCE CALL INFORMATION • PR Newswire (US) • 07/16/2024 08:01:00 PM
- CHESAPEAKE ENERGY CORPORATION RELEASES 2023 SUSTAINABILITY REPORT • PR Newswire (US) • 06/11/2024 12:30:00 PM
- CalPERS to Oppose Exxon Mobil Directors; Microsoft Unveils Copilot+ PCs with AI Focus, and More News • IH Market News • 05/21/2024 11:18:35 AM
- CHESAPEAKE ENERGY CORPORATION REPORTS FIRST QUARTER 2024 RESULTS • PR Newswire (US) • 04/30/2024 08:02:00 PM
- CHESAPEAKE ENERGY CORPORATION PROVIDES 2024 FIRST QUARTER EARNINGS CONFERENCE CALL INFORMATION • PR Newswire (US) • 04/17/2024 08:05:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/04/2024 09:14:13 PM
- Form S-4 - Registration of securities, business combinations • Edgar (US Regulatory) • 02/29/2024 10:25:49 PM
- Nvidia’s Earnings Skyrocket by 769%, BuzzFeed’s Pre-Market Shares Surge by 85%, and Other Highlights • IH Market News • 02/22/2024 11:08:52 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/20/2024 09:08:15 PM
- CHESAPEAKE REPORTS FOURTH QUARTER AND FULL-YEAR 2023 FINANCIAL AND OPERATING RESULTS AND ISSUES 2024 OUTLOOK • PR Newswire (US) • 02/20/2024 09:00:00 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 05:34:38 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 05:10:38 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 04:01:49 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/14/2024 03:04:43 PM
- CHESAPEAKE ENERGY CORPORATION, DELFIN LNG AND GUNVOR SIGN LONG-TERM LNG LIQUEFACTION OFFTAKE AGREEMENT INDEXED TO JAPAN KOREA MARKER • PR Newswire (US) • 02/13/2024 01:00:00 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/09/2024 11:19:03 PM
- CHESAPEAKE ENERGY CORPORATION PROVIDES 2023 FOURTH QUARTER AND FULL YEAR EARNINGS CONFERENCE CALL INFORMATION • PR Newswire (US) • 02/06/2024 11:15:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/11/2024 09:58:22 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/11/2024 11:14:46 AM
- CHESAPEAKE ENERGY CORPORATION AND SOUTHWESTERN ENERGY TO COMBINE TO ACCELERATE AMERICA'S ENERGY REACH • PR Newswire (US) • 01/11/2024 11:00:00 AM
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