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Re: None

Saturday, 05/14/2016 8:01:22 AM

Saturday, May 14, 2016 8:01:22 AM

Post# of 18930
Idea for new investors!

Chesapeake will be the best buy of the year if natural gas outstrips production. I found something that Forbes published that is astonishing. The article is called, "The U.S. Natural Gas Export Boom Means Pipelines and LNG." You can read it here;

http://onforb.es/1R1Nvus

Here's the way I see buying 100 shares of CHK at the current price of $4.10: First, put in a stop-loss at $3.85. The most you can lose is $25.00 plus fees. It's been oversold and hit with a barrage of negative news that is all blown out of proportion. This will pass within a few weeks and stock is sure to ease back up to $6.00. This will represent a 45% return in 30 days, or $190.00 profit. Make up your mind if you want to hold for more gains. If the Forbes article is correct, CHK will likely hit $30 in 2 years. You'll make close to $3000.00 on you small bet. Of course, invest $300 and you make 3 times as much and only stand to lose $75. If you decide to stay in, keep easing your stop-loss up as the price rises. Your $300 could become $9000!
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