JamesRunningLongAbbe

everything is going to depend on earnings report

Long
NYSE:CHK   None
5
if earnings dumps we'll see whats under 5. everything would appear to me as if we are going to fall back on lack of confidence in the earnings report. it definitely would appear that we are searching for around 5.10-5.30 range by earnings report. will be lots of movement in that range before it can test anything much lower. i am completely confident in this company but i can see a slight disappointment in the overall current strength of the company. i think the majority of people including myself love to see the underdog fight and win, reality is though i believe the first quarter is not where the fight is at i have all confidence in this company and if not the 2nd quarter the 3rd and 4th quarter will be extremely aggressive in my honest opinion. i have a long position in chk and its not as large as i would like it to be but plan to move a lot of money over if it hits the 5.10 range been waiting for this since the last major spike.
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