Replies to post #3010 on Chesapeake Energy Corp (CHK)

[girlfriend]

I have been trading or swing trading the energies and selling in steps on the way up as usual. Have a few CHK started new at 4.20 this morning.

I agree with your opinion for the majority but the sector is not out of the woods. Still….as usual….these cycles play out and the energies should recover maybe not to $100 oil.

I like CHK for what they are now doing to reign in their debts and focus on their core assets but….they still have a ways to go to win Wall Street's favor. My target long term is $10 maybe $12 I am always out before the highs.

Good luck.

[PRAYFORME]

SWN is up $.68 today. looks to be following CHK pattern. Why did you dump it? not think it has possibility to get back up in the $30s? I have though about jumpin on board with SWN