NEW YORK ( TheStreet) -- I'm not the biggest fan of crowd-sourcing as a means of reaching stock investing decisions, but I do think in the case of controversial U.S. oil and gas company Chesapeake Energy (CHK - Get Report), it's worth putting the simply question to investors: Does this stock deserve a look after its recent slide?
Shares of Chesapeake are down 20% year-to-date, trading at a share price the company hasn't visited since the financial crisis.
The most categorical way to answer this question in the negative -- while still finding a basis for investment -- is to argue, as
RealMoney columnist Dan Dicker did this week, that there are plenty of other natural gas stocks beaten down to bottom out share values because of the sub-$2 natural gas pricing environment that don't have the
For example, do you trust McClendon to right the ship at Chesapeake or would you prefer to bank on distressed investing specialist Wilbur Ross to generate value for shareholders of
(XCO)? If you are a big believer in the
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts