Chesapeake Energy Corp (CHK)

[woodtiger]

Low float stock is pooped up intentionally so they can sell more calls. These are what the deep pockets are doing in my humble opinion. It will be back to under $12 by the end of the day. Same trick every time then they cash out once the bankruptcy is announced or hold till the completion of the bankruptcy. Most likely their short on the call options go to zero or they cash out at $0.01 and reap huge profits before either scenario happens. They are wolfs and most are the sheep. Most likely they sell the calls because of time decay and let the option go worthless or almost worthless to cash out on their profits. Every pop is amateurs chasing what the big money guys I stated are doing IMHO. Easy to manipulate stock with less than 10 million shares in the float. Easy money for them and you can profit doing the same on every major pop if you know what you're doing. I love these pops. It's like a free money machine that someone else spent the money to prop the stock up so much. Thanks to whoever is doing this. Why do you think call volume on these pops is more than the put volume on a daily basis. Do you think most of the call volume is being bought on the ask or sold at the bid or midpoint on the spread? Something to consider as a possibility. GLTA.