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2 X "0" = "0" - Simple math
Not looking good here!
Nice open today - Sub $10 soon?
And the stock is down 8.3% on this good news. The stock market is a big joke.
press release
Aug. 18, 2011, 8:00 a.m. EDT
Tronox Incorporated Reports Second Quarter and Six-Month 2011 Results
- Second quarter net sales up 42 percent; income from operations rose 122 percent quarter over quarter - Strong performance tied to continuing robust volumes and favorable selling prices; momentum driven by global economic recovery, operating improvements and efficiencies and limited global supply of TiO2 - Significant cash generation supporting working capital and funding the investment in the expansion of the Tiwest Joint Venture
The end is near - the day traders will move on
Looks like 4 management recently bought a ton of shares (including Deputy dog Rogerson)
Nice finish today - This stock is "hot". Better get in before it goes to the moon. lol
I mean't it as a joke.
Holy cow, up almost a whole penny! This is going to the moon, there is going to be a settlement on the weekend, 2X plus, I cannot take it anymore.
Soon enough it will be over. No more dead cat bounces here.
Holy Shit - This is tanking fast - Not good
2X nothing = 0
Anyone see the shares show up in their account?
The ship is sinking!
Hey Chem. I am also a shareholder of Huntsman. They missed by 1 penny and get slaughtered. I almost had a heart attack when I got home.
Madclown/Wally/Jaxstraw/Justavoice, Please share your comments.
http://www.marketwatch.com/story/chemtura-reports-second-quarter-2011-financial-results-2011-08-03?reflink=MW_news_stmp
Have a look. We old shareholder got srewed big time
Some highlights noted:
"Corporate expense for the second quarter of 2011 was $26 million compared to $16 million in 2010. Corporate expense included amortization expense related to intangibles of $9 million for the second quarter of 2011 and 2010. The primary contributor was increased stock compensation expense, which included expense related to grants under the emergence incentive plans approved by the Bankruptcy Court". This is bullshit!
"Net earnings from continuing operations attributable to Chemtura for the second quarter of 2011 was $69 million, or $0.69 per share, compared with a net loss from continuing operations attributable to Chemtura of $41 million, or $0.16 per share, for the second quarter of 2010". Wow - Mr R your a turnaround genius - NOT!
"Adjusted EBITDA for the last twelve months increased from $320 million as of December 31, 2010 to $361 million as of June 30, 2011." - And court was told that we were insolvent- Hardly
Me too - So I can dump this POS
Yes a 52 week low was touched today. Cannot wait to unload this POS
This market sucks!
Another strong finish today!
2X the "belly laughs"?
Thanks - I am still holding the warrants.
Very nice finish today
Remember to follow the "Big" money. They control the price.
Another strong finish today. What a joke
Down almost 14 1/2 percent today. When will this madness end?
Nice move - Congrats
Under 10 cents is right around the corner.
Did you mean "ass"et to the board?
Nice couple of days for the stock and warrants.
Very nice finish today. (LOL)
Thanks
Nice close today. When will this all madness end?
"We have had a strong turnaround in the share price of BMGP as a result of the Company announcing it has signed a letter of intent to acquire a company in which to spin off its biofuels diesel project". Really? What strong turnaround are they talking about?
Hello Madclown,
Can you please explain the what the Non-Objecting Creditor reserve is for. Will old CEMJQ sharesholders ever recieve this money? Thanks
"$980,000 (50%) will be transferred to the Non-Objecting Creditor Reserve and $980,000 (50%) will be distributed to legacy CEMJQ shareholders as soon as reasonably practicable".
I wish he would have stepped aside during the Chemtura BK.
OK Thanks. I thought it was posted here a while back that total distributions may be up 20-24 cents per old share. Can anyone confirm? Thanks
Do you know how much each old share is going to recieve? Thanks