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jstone

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jstone

Re: imt post# 8104

Friday, 09/15/2006 12:28:53 AM

Friday, September 15, 2006 12:28:53 AM

Post# of 28061
IMT, I've been following and trading CHK for over 1.5 years and borrowing a phrase from Cramer on CNBC "I like CHK at $27." It is trading now for a few pennies over $29 and with NG falling as it is we may see it soon. However, with Dec. and Jan. futures contracts selling at over $8 I don't think if it dips to there that it will stay there long. CHK hedges its production pretty heavily. I like the Co., the Mgmt., and their long term plans!
Been watching it closely for a reentry point myself!
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