Top 22%
It missed my downside target (stop) by a buck and my daily indication turned positive (weekly still negative; monthly and quarterly remain positive). Take a look at this:
Shares Outstanding - 579,164
Short Interest - 28,711,708
If we don't get a short covering rally here, I will be surprised.
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Top 1%
guliamo
Aug 14 at 11:34 ET
I believe short intrest is at 6%...
still it's a very high figure for such a company and i think the stock is due for some nice upside.
I like your prediction though, as it serves my portfolio well...
I really don't see what the market panic about Chesapeak is though, their 5 year chart is a straight line going from 10 to 60.. they continously increase their gas reserves and management keeps on buying it's own stock... the boys from Oaklahoma sound like they know what they are doing.