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IBDvalueinvestin (99.67)

Don't understand why mutal funds are adding shares of CHK

Recs

3

December 18, 2009 – Comments (3) | RELATED TICKERS: CHK

other than it being a potential buyout because earnings will be flat year over year.

http://www.mffais.com/chk

3 Comments – Post Your Own

#1) On December 18, 2009 at 11:45 AM, IBDvalueinvestin (99.67) wrote:

I will be watching mffais site daily for any spike in fund buying because that will be clue if someone has been tipped to buyout  talks on CHK.

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#2) On December 18, 2009 at 12:39 PM, portefeuille (99.66) wrote:

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12 tcfe of proved reserves at 9/09(1), targeting 20-22 tcfe in 4-5 years(2)
– 62 tcfe of risked unproved reserve potential; >10-year inventory of ~36,000 net drilling locations

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(from this presentation (pdf))

So the proved reserves are about the same size as those of XTO.

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#3) On December 18, 2009 at 12:58 PM, IBDvalueinvestin (99.67) wrote:

Good dd Portefeuille thanks for the info.

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