Need help/advice please

I bought CHK stock at 6.03 i bought 5500 shares on wednesday just for a quick trade ...was hoping to sell at 6.07 and make some money...that didnt happen now stock is down at 5.08... i have had lost of 15% in this stock ... which i didnt even plan on holding for more than an hour....

what should i do now? should i sell it at 15% loss (~$5000) or should I hold on to this stock and hope for it to come back? i dont mind holding i am in no rush.. but there is so much negative news that this company will go bankrupt in coming days....

please advice what should i do now?

Comment! It's anonymous!

8 replies (most recent on top)

$4.55 on Friday. Market cap $3.29B

I will load up below $4 but it could go below $3.

One of the majors (COP, Chevron, Marathon) will acquire CHK for their shale holdings for $2 or 2.5B

Don't think of this as a failure...think of this as a missed opportunity.....

Dude if you ain't the boss/owner you just a short boy. Can't get upset if you get fired....man up

Bogus post. CHK will not go bankrupt but it will be a shell of itself by surviving if this market doesn't turn around soon. The creditors of 11 billion want this company to survive and pay off the debt. Bankruptcy results in loose loose. CHK Employees will suffer while this stupid man made crisis continues.

Buy low/sell high - it's pretty simple

This has gotta be a joke. You spent/risked ~$33,165 with the hope of making $220? Stay out of the stock market.

I'll buy it for the true value of .05/share. Dumbass

Scooter

You should never have bought the stock in the first place bahahhahaha!!

Thread regarding Chesapeake Energy Corp. layoffs

Need help/advice please

8 replies (most recent on top)

Post a reply