Chesapeake Energy Corp (CHK)

[ogbull]

There was a drop in crude inventories -- but it was not as low as analysts expected? What analysts? Who pays them to make up these so called estimates?

I think the drop is all that matters in the end game. Inventories are down... hip, hip, hooray!

But this did give the shorts a reason to slam CHK. But it will not succeed.

This little drop will not last long as traders will realize that any drop in inventories is a positive, not a negative! WTI, Brent, and natgas will all end the day in the green as will CHK!