There are many better stocks, but CHK is on the way up:
I have $42-45 as target. Stop under $33 if enters today(it doesn't mean you can not buy it again if that happens. As long as it stands above $30, CHK is intact to reach the target in 6-12 month).
There are a few big names in this stock, such as Carl Icahn. As I know, he was in there between $23 to $28. And I don't think he is just in there for $6 profit. This man has a plan for sure (if he can succeed is another matter).
As long as we don't have 2008 type of disfunctional finanical market, it is worth while to make some bets in CHK.
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