Getting back to topic. A federal court has ruled that if a gas producer goes bankrupt that the pipeline contracts can be renegotiated. If Chesapeake were to go bankrupt maybe me and you wouldn't be paying $1.80 in deductions on 1 mcf of our gas. Just saying. Now that would be a great thing for me as only a small portion of my gas has been developed. Not the case for many of my friends .
You a need a little gain. I would bet that you have lost a small fortune betting on Chesapeake stock over the years.
Wax, I never have been a stock player. I prefer doing some things with real estate. That can get hairy too. But I have been lucky with it. We do have a decent size retirement account managed by a friend through Wells Fargo. Im ready to take those accounts elsewhere . Any suggestions?