CHK - Cheskapeake - Mirror? $CHK
In mid to end may we saw a pretty perfect mirror of CHK's stock and while further analyzing the current trend it looks like we may be due for another mirror. There is an obvious BK concern with CHK however i feel this is the continuation of their dead cat bounce - but with a very direct purpose = driven by institutional owners to offload the stock at a decent price. As of last week we saw the Carlyle group and affiliates dump the stock in very attractive fashion, I believe they only need to hype the stock up a bit more to get it to follow this expected path. Stay protected.
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