GOAL REACHED: Chesapeake Energy Corporation (NYSE: CHK)
Friday, June 15th, 2007Five Percent Stocks announced that Chesapeake Energy Corporation (NYSE: CHK) has met its short-term investment goal of 5 percent. The blog has closed its short-term position in Chesapeake Energy Corporation (NYSE: CHK).
Sell price: $37.17
Days held: 5 days
Position opened at: $35.40
Return: 5.0%
Reason closed: Met 5% goal
Please keep in mind that Five Percent Stocks works strictly to its mission of short-term investments seeking the magic 5% number within 30 days. Closing the position is not an indication of our view of this stock as a long term investment. To repeat, we are not professional brokers and do not intend for this advice to influence your own investments.