Has officially gone private and is no longer reporting
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
MM's not showing the actual bid again
Docket 727: Exclusive Supplier Agreement
Chemtura is entering into an agreement to provide 9 million + pounds of the binding agent used in composite paneling for Ambiente Homes.
It shows that the company is actively seeking to expand their business, rather than just using this time to restructure.
I'm sure as more people realize what is going on here we'll see some increased interest.
CDS greed being the final catalyst for the BK when alternatives were proposed (favorable rulings from judge?), pulp prices increasing, USD strengthening, newsprint inventory below historical norms for ABWTQ (lower supply resulting in higher prices down the road), energy prices decreasing, super small float & tightly held OS, large short position, Canadian subsidies for the industry, large NOL carryforwards with little chance of sizeable ownership transfer to limit benefits (commons survive), assets being shopped, possible $300,000,000+ awarded at any time, etc. The one thing that bothers me has been the trading until today. Finally I'm getting fills and the lid doesn't seem as tight as it has been.
I like it.
I'm able to access CEMJQ from stockcharts just fine
I'm sure he's aware of the value here. Berkshire & Apollo were looking at CEM a couple years back at much higher valuations so I'm sure it's still on the radar.
Block buying at .21 is encouraging after the dip to .19
abwtq tanking
1) Company is also shopping hydroelectric assets which could fetch $600+ million.
2) A pickup in the industry will likely result in mill/plant assets recently written off to once again have value for shareholder equity.
Exactly...they want to keep the commons for themselves. The NOL carryforwards are already being worked on by Deloitte.
Yes, and short position hovering around 3 million shares of late
Same thing is happening to me...over and over again
ABWTQ Catalyst From Thursday’s Court Filing
Docket 598: First Compensation for Services Rendered by Deloitte Tax LLP
Does anyone recall a major catalyst for CEMJQ? Section 382 of the tax code is the NOL carryover of prior operating losses to offset future taxable income for the next 20 years. Simply put, this benefit is only available if the commons stay in tact and minimal transfer of ownership occurs. Now, notice on page 3 of docket 598: 51 hours, or $28,627 in legal expenses, billed for work spent on section 382 for ABWTQ. The impact from these NOL’s on future cash flows is greater than the current market cap!
I’ve noticed how manipulated this stock has been during the past few weeks and how difficult the fills have been. We all know the big holders haven’t sold, with Fairfax even providing the DIP. MM’s want to gobble up as many shares as possible before everyone else catches on. With only 57 million shares outstanding, and very little in the float, that gap fill is looking like a sure thing.
Patience is right! MM's are doing what they want with this one. I had bids of .115 from two separate accounts in place and got filled for 100 shares during that orderly march to .11.
yes, that's the gap.
.169 x .17 so I place my order for 30,000 sh at .17. They fill me on 100 shares and then a large block goes through at .166. Still only 100 filled. Anyone care to explain this one? Happening over and over with this stock.
I can't find the headline but saw the docket. It was just released today.
Docket 454
http://chapter11.epiqsystems.com/docket/docketlist.aspx
Good call on SPNG. I hope you've taken some profits.
Not quite as juicy as docket 573, but...
Docket 584: Spansion requesting additional time for submitting plan of reorganization. Among other things, the docket references additional time needed to better determine course of action for not only debt holders but also equity holders. Hearing on 6/23. My take is that business is improving & this buys time to assess the potential for more $$$ from Samsung. Any thoughts?
Denninger's take on today's housing data
http://market-ticker.denninger.net/archives/2009/06/02.html
If we're patting people on the back, Threeflight gave us kerx below .20 many times during the past nine months. Not to mention mrna at .24.
I don't recall the Q silver play but I think bankshot (alias) was looking at it too. You may want to look through his posts.
At this point I don't know...they're not even showing my block for sale at .09 so maybe nothing
Something's up...I'm able to sell in large blocks today and that hasn't happened in months.
I also recommend TD Ameritrade.
Kool is reporting today so a break will come...one way or the other
6.66 LOD should bode well for tomorrow for SSW
lol, I like justification for the supposed conflict of interest that states someone on the legal team representing CEMJQ has a business relationship with an entity that owns 200 shares of stock.
An $8.90 conflict of interest.
Yup...pretty much everyone knows about the new strain causing a pandemic in Mexico and soon in the US...
thanks for the explanation Yak
Experienced Traders,
From us trying to learn, what interpretations do you have for that candle on the spy chart just prior to 3?
Thanks
The catalyst for the big runs in Pilgrim's Pride and Nortel were asset sales. We already know of recent interest from Chinese firms so I think it's just a matter of time before we hear of a partial asset sale. Meanwhile, I'm a bit frustrated by runs in other Q's this week. Even w/o news, I'm expecting a run to .10.
Q's- also been adding cemjq on this dip. Due for a pop.
Was this document publicly available prior to the close of trading today?
COTH?
FTWR dropped like a rock in the final 15 minutes of the last quad witching day as well. On 12/19/08, I watched as the drop was from .33 to .16 by close, all in a matter of minutes. Bizarre, but I still like this one LT.
It's about time to start averaging in this one for me. Seriously though, I'm going to cash in my initial price after the double and let the rest ride for a few years. I've been kicking myself for selling my .02's at .04 for a few months now. ACTC, MCET, and KOOL for '09.
It's not midnight in Utah. -187.
I agree that this one has something more to it than the rest of the penny & sub-penny stems. I've been watching & playing from .01-.015 for a few weeks and have noticed an unusual amount of churning on high volume for such a low float. Low debt, multiple patents, upcoming trials, low OS- all make it worth keeping on radar.