Chesapeake Energy Corporation (NYSE:CHK): Closing price $16.73
Observers and investors do not appear to believe that the changes the natural gas producer announced on Monday are moving its turnaround quickly enough, as shares fell by another 2.2 percent Thursday, extending losses for the week thus far to almost 5 percent. During the past 12 months, Chesapeake shares have lost 28 percent, as investors impatiently await updates regarding the its asset-sales program, which is the crux of its struggle to remain solvent. It had been anticipated that the program would be concluded in 2012, but now reaches into 2013.
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
Learn More
There's always a bull market in some sector! Find the best opportunities in commodities.
Learn more
At last, a trading system that buys the right ETFs at the right time, time after time!
Learn more