CHK Briefing

By Johns Wu on Jan 03, 2006

Thanks everyone for providing some info on CHK stock.

Eric, a reader, writes: "CHK launched a secondary offering recently, insider buying could be a result of showing both confidence in the company and encourage secondary buying from institutions. There is another chunk of stock coming out that the market maker will be releasing once the 30 day lock up period is over. Natural Gas, with price volatility e.g. russia, could add to price movement either direction. I own CHK as long term I believe in natural gas supply fundamentals favor the stock. Short term…no idea…"

Ben, the writer of Big Ben's Investing, writes: "I have been long CHK since May 2005. It's a great stock though I think Oil and NG are overbought in the short term. I suggest you take a look at the December 2005 CHK presentation. I put the link below. Good luck and great site!"

Ken over at Identify Value has also been tracking CHK developments.

This entry was posted on Tuesday, January 3rd, 2006 at 5:50 pm and is filed under Market News. You can skip to the end and leave a response. Pinging is currently not allowed.