Chesapeake Energy Corp (CHK)

[ogbull]

Bullish NatGas Article Link

This article agrees with all the points I been trying to make. NatGas demand will be up drastically this summer. La Nina is sure to come and bring needed rain and humidity to the US, which will make the summer miserable without air conditioning running on high. Production will not be able to keep up with demand and storage will drop slowly but surely and be low going into the heating season. $3.00 NatGas by January 2017 is a sure bet--$3.50 in likely. Henry Hub futures is showing $3.089 right now.

I see Chesapeake moving up to $6.50 by August 15 2016, and then to $10 by January 2017 if the weather predictions are even close.

El Nino is dead. La Nina is on the way. There seems little to worry about except the day the day fluctuations brought on by the day traders. I'm averaged in at $3.96 with more shares than I have ever owned of any one stock before. It's a huge bet for me, but I decided to stick with it regardless. I'm gonna win big or loss it all on Chesapeake Energy.

Donald Trump says he don't believe in Global Warming. That disappoints me, but it's not going to make any difference at the end of the day. CO2 in the upper atmosphere traps solar radiation and prevents it from escaping back into outer space. The oceans will warm and it will continue to slowly get hotter. If we don't switch to NatGas quickly, our oceans will heat up and storms will wreck the coastlines all over the world. The proof is everywhere. We are destroying Earth! Trump will have to change his position, which I'm sure he will.

Many are predicting that electric demand in the summer months will use more NatGas than the winter heating season. Sounds hard to believe but this is what I am reading. That is certainly true for Mexico, New Mexico, California, Nevada, Arizona, Texas, Louisiana, and Florida.

Hurricanes will also increase starting next month and this will shut down or slow gas production. All and all, NatGas demand will steadily increase. It is our only transition fuel until solar and wind get better established.

I don't think we will be able to keep up with demand unless drilling starts in a serious way very soon. But no one has got any money and banks aren't lending.

Oil demand will increase and I honestly believe that Trump will put an import tax on OPEC oil and level the playing field. OPEC is finished.

I'm staying on top of the news and the research but I'm backing off watching the stock tic by tic. I've got too many other project that are falling behind.

Audrey McClendon built this company on dirty dealing and then almost destroyed it. He's gone now and the turn around is underway. What's needed is to cut the budget to the bone and CEO Lawler is doing just that. I also believe very strong in Carl Icahn. He is one of the smartest investors around. He lost a lot of money this year, but so has a lot other big investors. This last 2 years have been difficult in oil and gas but things are turning around now.

Happy Trading!