Replies to post #6410 on Chesapeake Energy Corp (CHK)

[Couch]

You had more selling today than buying today and the volume was more than twice today what it was yesterday. How is this an example of capitulation?

[researcher59]

I hope you're right but with the stock having broken under $5, it could be heading lower .... especially since crude oil price appear on verge of breaking under $50 which is putting pressure on the entire energy sector ....

I think CHK is a bargain buy for the long term, but could get cheaper in the short term. jmho