NEWBIES BOARD

[dude iligence]

CHK $18.71 +5.89% Short Squeeze One of several factors driving the price higher

25% Gain Possible As Shorts Squeeze Chesapeake
June 19, 2012 "The stock could see a dramatic rally on high volume for several more weeks until the short sellers are through covering positions.

As more good news on Chesapeake's financial health improves, so will the stock. There is risk involved here but if you are a believer in Carl Icahn then your risk could turn to reward. An investor must also consider the price of natural gas and whether the price per unit will increase over the next six months. If growth returns to the world then Chesapeake might be a good stock for a buy and hold strategy too.

Overall, I believe an investor will be able to garner a nice return over the next few weeks of possibly 25% as suitors for Chesapeake's assets line up and bid. I am solely basing my opinion on short sellers covering their positions. I think the stock will top out around $23."

Complete article
http://seekingalpha.com/article/668251-25-gain-possible-as-shorts-squeeze-chesapeake?source=yahoo