tag:blogger.com,1999:blog-2335748440449035592.post2424813838393612183..comments2008-10-12T16:08:05.013-04:00TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2335748440449035592.post-27990019370269531432008-10-12T16:08:00.000-04:002008-10-12T16:08:00.000-04:00stonefoxcapital: I still think I'll keep them on screen for a long term buy. This is a really good solid company and I still have a lot of respect for McClendon. I'm guessing that he got caught in the credit freeze like many people and many good companies. (GE, GS come to mind.)<BR/><BR/>Right now NatGas is down and all stocks are being hammered anyway. Kinda figure that after everyone bails on this bad news, that it might be time to buy again. The fact that Aubrey had to dump his shares should tank the stock big time. A stock that sold for $75 is not going for $16 and change? <BR/><BR/>Just checked shortsqueeze ratio.. Nice to see that the market doesn't seem to have had advanced notice.. And had a look at 2010 puts/calls.. Their all over the board. I can't tell which way the market sees this going, puts are more positive than calls... Hmm..<BR/><BR/>jeganjeganhttp://www.blogger.com/profile/05850061548373752817noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-30430816603684075562008-10-11T23:58:00.000-04:002008-10-11T23:58:00.000-04:00Its just incredible that a CEO would buy shares on margin. That shouldn't even be allowed. Hopefully we don't find out that the money was lent to him by the company ala Bernie at WCOM. <BR/><BR/>Had put CHK on my list to buy but I'm concerned about their cash flow. It seems they were like WCOM in that aspect as well. Business is booming and they are growing like a weed but in the end they have massive debt and assets that may or may not be valuable.Stonefoxcapitalhttp://www.blogger.com/profile/00583540825602471042noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-85079775118999114862008-10-11T22:28:00.000-04:002008-10-11T22:28:00.000-04:00TM.. <BR/><BR/>I heard that McClendon had been buying with his own cash until recently... Just checked Yahoo Finances under his name... And although he did excercise a lot of options, he also did some very serious buying at retail ...This year alone, he bought about $200,000,000 worth of share at market price! As late as July 15, 08, he bought 750,000 shares at $57+... Then later, Sept 8, 08, he bought 5019 shares at $35.89... Unbelievable! Hard to believe he couldn't see the margin call coming as late as Sept 8th. He got nailed! He also says he intends to rebuild his stake in CHK. <BR/><BR/>jeganjeganhttp://www.blogger.com/profile/05850061548373752817noreply@blogger.com