Chesapeake Energy Corp (CHK)

[ogbull]

What will be the damage to CHK in 60 days?

Money runs to a safe haven--oil and gas drops. Producers and their banks get nervous. Capex spending slows down or even comes to a stop. Oil and gas inventories drop like a stone thrown into the Grand Canyon. The weather continues to get hotter and gas demand increases at the same time supplies are dropping. Drilling stops. Storages drops to all time low. Prices start to rise. Banks are slow to lend money. Drilling drags along slowly. Productions drops and prices increases. It gets hotter than hell and air conditioning is running 24 hours. Power companies can't buy any nat gas. Electric blackouts all over the US. Oh my goodness, CHK runs up to $10 by September. Drilling can not catch up. CHK moves to $16. The majors realize that nat gas is a prime asset and offer CHK shareholders $30 per share by Christmas.

Sounds really terrible doesn't it!