02 March, 2011

Chesapeake Energy (CHK), Natural Gas & Market Correction

I recommended Chesapeake Energy Corporation (NYSE:CHK) when it was a t 22-23 USD because I happen to like natural gas and I don`t think the natural gas ETF is attractive. So I like Chesapeake Energy Corporation (NYSE:CHK) but at this level it may also be due for a correction.

Related: United States Natural Gas Fund, LP (NYSE:UNG)

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.