Is The Energy Sector Signalling Chesapeake NYSE:CHK A Penny Stock To Buy Or Sell Right Now?
"One of the bigger reasons behind the company’s actual decline was the fact that after having fallen down the pecking order among natural gas companies, it made a shift to oil exploration. The switch may be explained by the higher prices of oil as opposed to that of natural gas. But the switch has resulted in weakening the company.
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Source: Best Penny Stocks To Buy Or Sell: Chesapeake Energy (CHK)
"One of the bigger reasons behind the company’s actual decline was the fact that after having fallen down the pecking order among natural gas companies, it made a shift to oil exploration. The switch may be explained by the higher prices of oil as opposed to that of natural gas. But the switch has resulted in weakening the company.
"
Source: Best Penny Stocks To Buy Or Sell: Chesapeake Energy (CHK)