Pogo Producing Company (PPP) was bought out only a few days after I purchased the stock! I only made a small profit off this deal.
I sold my PPP today and invested the money into Chesapeake Energy Corporation (CHK) instead. CHK has a low P/E ratio and management predicts increasing production.
CHK seems like a solid pick at these levels, the nat gas companies such as CHK have lagged behind quite a bit from the oil plays, but nat gas should have its day as well.
Posted by: Aaron | August 03, 2007 at 12:43 AM
I think more information should be provided in the blog!!
Posted by: herbal medicine | August 29, 2009 at 06:30 AM