Chesapeake Energy Corp (CHK)

[ogbull]

If you're gonna dream... dream big! Who knows for sure? It might happened and then again maybe it won't!

Look at this way. No one can deny that I have been on a really sick obsession trying to pick the stock that will make the most money over the next 12 months. I've looked at every angle ten times. I've weight all the negatives. I've watch the stock move up and down tic by tic trying to understand every move. I knew I should have dumped yesterday at $4.50 but I was too scared that I might get stomped out and the stock run away from me. I was strong on SWN but sold out on a quick run up and it ran up and up and up and up and I missed a triple.

I'm in until the end.

I bought 20K on margin at $4.10 this morning and sold them back at $4.20 for $2k profit, but I still hold my base because I know deep inside that nat gas will return to about $4 soon and CHK will run to $10 by January 2017. The only thing that can stop it is a really warm winter, which I don't think is gonna happen. I think there will be lots snowstorms that will keep kids at home with the furnish running and winter gas demand will be normal if not high. Nat Gas may even spike to $6 like it did during the Northwestern storm that hit New York City last January.

Gas has reversed itself and now up to $2.63 and CHK is now starting to trade more on gas than crude, which is the way it should be!

By the way, we have traded 9.3 million shares an hour since open. That's the best volume I've seen all year. CHK is being accumulated by institutions... there is no better endorsement as when the pros join you in your investments. Maybe they are reading me on this board? he he ha