Wednesday, September 21, 2005

Bought More Chesapeake (CHK) Stock Today

I increased by basis and bought some more shares of Chesapeake Energy (NYSE: CHK) today. Our natural gas supply could become severely crippled if Hurricane Rita hits the Gulf hard. One of the reasons why I like Chesapeake is the large insider buying at the company by upper level executives. Just about any natural gas company will make you money (SWN), (DVN), (XTO), (BR), (SJT) .... The list goes on.

Note: I am long (CHK)


Blogger Theo said...

Nice call. The insider buying - mainly the CEO and President - has been extreme. They have bought over $80 million since January 2005.

I currently own CHK and XTO.


Investor Clarity

10/01/2005 1:07 PM  

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