Thread regarding Chesapeake Energy (CHK)

I like picking up stock of companies after they go through ch 11 proceedings (successfully). The price tends to be good and people tend to stay away from these stocks, but successful ch 11 generally means that these companies got their act together and if there are no other restraining factors the stock generally rises to a certain degree.
CHK stock is now considered a buy, but I think I’ll wait a little longer. The stock is still pretty much restless so I think I will be able to pick it up at a better price, and will certainly save myself a lot of stress as my projection is that there will be some volatility before the stock settles and goes in to a nice steady upward trend.