Chesapeake Energy Corp (CHK)

[dwms07]

A buyout offer will not come until the buyer is confident of the weather. Another problem could be worry over government regulations against fracking. Trump also said the other day that he was reconsidering his stand on global warming. That had to scare the hell out of any potential buyer. One other point, because CHK can easily surpass XOM and become the #1 natgas producer in the US, the buyer can not be another big natgas producer otherwise the deal would not get government approval.

For me, I am happy to ride along for a couple of years. I feel confident that CHK will move up to $30 assuming I'm right on the coming cold weather!