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S&P 500
5,408.42
(
-1.73%
)
US TECH 100
17,870.94
(
-3.09%
)
Dow Jones
40,345.41
(
-1.01%
)
Brent Oil
71.40
(
0.00%
)
Bitcoin
54,205.42
(
0.47%
)
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oldberkeley

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oldberkeley

Re: go seek post# 4046

Thursday, 01/19/2012 3:53:04 PM

Thursday, January 19, 2012 3:53:04 PM

Post# of 29581

CHK sure looks cheap here in low $21's

LOL. I've been watching it closely since the summer and saying, "It sure looks cheap at $30...It sure looks cheap at $25...It sure looks cheap at $23..."

For them to rebound in the near term, NG prices have to suddenly boom, and why would that happen? Even if we have the mother of all cold waves, there's a tremendous surplus. Their best hope is increased export, but that's going to be a tough sell to Congress.

I know it sound incredible, but this could go to $15.
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