Dump Chesapeake Energy Shares NOW! Stock to plunge on Fraud Stock Ratings! Sell Chesapeake Energy Ahead of Earnings
Make no mistake! Suckers have been loading up large amounts of Chesapeake Energy stock at new highs ahead of the company earnings report. There are too many unsolved matters at Chesapeake Energy (CHK) to consider this stock a good investment, therefore our recommendation is to sell shares to fools going short the stock.
For more information refer to the following live stock chart shared with Chesapeake Energy (CHK) large institutional investors and small traders at stock market LIVE.TV
Herein, also find Vieira comments addressing investors and subscribers to his course Live technical analysis.
SeekingAlpha.com has spammed our email server in the past weeks with recommendations to buy Chesapeake Energy. We have seen this criminal action as rather bearish. Be aware!
SeekingAlpha.com and StockTwits.com clients stupidity is their best asset while we laugh all the way to the bank proving it live on the tape.
You have been warned! Stock analysts upgrading Chesapeake Energy (CHK) have been the same who one year ago were claiming that the company was going to be delisted! Where’s their credibility or track record? Zero, nada. You’re going down idiots! SELL NOW!
Follow the advice of the world’s greatest traders team. Invest in your own education before losing your hard earnings money in the stock market.
Chesapeake might had a pretty decent year in 2016. The company raised cash by selling off properties worth about 73,500 barrels of oil equivalent (BOE) production per day. But it maintained production at the properties it retained at an average rate of about 635,000 BOE per day. At the same time, Chesapeake cut average production expenses by 28%, and reduced transportation costs by 7%. The company grew its proved reserves of oil and natural gas by 14%, and replaced 249% of the BOE it produced in the year with newly discovered reserves — guaranteeing its ability to meet world energy demands should they increase in the future.
From a financial standpoint, on the other hand, revenues declined 38% due to continued weak commodity prices, fewer producing properties (so less total production), and “unrealized hedging losses.” Oh, and Chesapeake also recorded a loss of $6.39 per share. Not good.