Chesapeake Energy Corp (CHK)

[ogbull]

Now the Street.com comes out and attacks Chesapeake, taking the side of Jefferies. link

There was ~500,000 shares sold short after the open to run the price down. I don't think all these shares have cleared their short position. I get the feeling that the reason for the Street.com's attack is to allow the shorts to clear before the close.

Volume is picking up. My gut tells me the move will fail. Chesapeake buyers will gobble up the cheap shares.

There must be a lot of shorts still thinking Chesapeake will fail. It ain't gonna happen!