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Lately Chesapeake Energy Corp. (NYSE: CHK) stock has been getting some unwanted attention from short sellers. A lot of traders see CHK stock weakness, and they want to profit from an anticipated fall in the CHK stock price.
There may yet be a compelling case to buy CHK stock. Natural gas prices have regained slightly, meaning the March lows could signal a bottom. Perhaps its oversold? Maybe it's in for a nice pop on a short squeeze?