Chesapeake Energy Corp (CHK)

[ogbull]

I dumped SWN for $7.50 --- big stupid mistake.

I was daytrading CHK and doing okay.Then I caught caught in a market manipulation by Barclays. Been there done that many times before. I double up and the stock dropped even more. Then I started studying the company. I like the fact that most of their 2016 production is hedged at a good price so I decided to ride along. The more research I did, the more I became convince that this was another double in 90 to 120 days. I even see $30 in 2 years.

I been looking for a long term hold. I got a ton of UNG so I sold some and bought more CHK. I'm ready to sink 6 figures into this puppy and forget daytrading. I like the 2 year hedging and think this is the key to a big long term bet.

So where are you now girlfriend?