Chesapeake (NYSE:CHK) takes a beating after posting a Q2 loss

[TomTom + 183]

Chesapeake, the U.S.' second largest producer of natural gas posted some disappointing Q2 earnings... is this the right moment to scoop it up again? 

[dowmike + 37]

Chesapeake has been disappointing investors for quite some time, minus a brief flirtation with optimism more recently. I'm not convinced the timing is right here.