Carl Icahn Discuses Chesapeake Energy (CHK), Sees Stock Much Higher

July 2, 2012 5:21 PM EDT
On CNBC's Fast Money, Carl Icahn said he would not be selling Chesapeake Energy (NYSE: CHK) as he sees it at much higher levels.

He calls it an undervalued assets but notes there is a funding gap. He said expenses need to be controlled near-term.

Icahn didn't go as far as saying the stock will double from here but implied it highlighted a past position that doubled.


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