Monday, December 11, 2006


Fly Sell: CHK

I sold 5,000 CHK @ $31.78.

looks like oil, ngas, and ethanol are all heading to $0, maybe this week. VSE is pissing me off. Are you giving up on it as well as NGAS/CHK? alt energy is volatile enough I'll probably sit on VSE and wait.
Is that a buy or a sell? Or should I say is that more debt you are taking on Aubrey and are you issuing more preferred and convertables :) Good luck with it. I held it for almost a year and made a whopping $300 on 1000 shares.
CHK sucks.

I am giving up on natty.
Yeah I like my DVN but still Natty is not playing nice right now. Fucking oil better start behaving too or I am going to have to tell the trolls in my back yard to stop production.
re: natty - with commercial possibility of syn gas - (via fluidized bed catalytic conversion of pulvirized coal to synth nat gas) - the true upside potential for natty - limited to local outages and supply spikes. At over $8 per million btu the syn gas route will shut down further price uppage. thus oil is going up -= but natty is gonna topple and cycle ... it is the nature of the nat (lol)
he he - i avoided any amaranth jokes or puns
Anytime CHK gets a little bit of momentum they do more shares, debt, and preferred. Great assets in the ground but I'm done with that one.

NG is a weather play. Oil is much better.
Post a Comment

Links to this post:

Create a Link

<< Home

This page is powered by Blogger. Isn't yours?

 Subscribe in a reader

DISCLAIMER: This is a personal web site, reflecting the opinions of its author. It is not a production of my employer, and it is unaffiliated with any FINRA broker/dealer. Statements on this site do not represent the views or policies of anyone other than myself. The information on this site is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities.