Chesapeake Energy Corp (CHK)

[ogbull]

More Positive Conclusions!

"I find it surprising to see that Chesapeake Energy (NYSE:CHK) shares have been battered badly in the past week, even though the company met the bottom line estimate in the first quarter that was reported on May 5. In pre-market trading, the shares were initially up over 6%, but an analyst note from Barclays sent the shares down almost 20% post earnings. Barclays believes that Chesapeake shares are worth just $1 despite the company making impressive progress to improve its operational and financial structure last quarter."

"In my opinion, this recent decline in Chesapeake shares is an opportunity for investors to buy more of the stock as the company is making moves in the right direction."

http://seekingalpha.com/article/3973138-miss-chesapeake-opportunity