Thread regarding Chesapeake Energy (CHK)

Although I understand the logic behind the strategy, and this “ surfing” on the waves of current financial trends has paid off for many, I’m nos so sure how this strategy is useful in the case of CHK now. I mean the stock is near its 5Y high, how much higher can it go? A more reasonable statement would be that the stock is already overvalued if you ask me. In any case, i found this to be an interesting article.