is running around in circles, rubbing his hands, and giggling
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They better. It'll be their last chance.
Just hang in there. It'll be back up before you know it.
I was pretty close. It sucks either way.
I don't know what's left in the gap from Friday morning (1.02 - 1.08), but if we don't get any volume, MM's will try to fill that gap.
This is not new. They've done that many times before. Low volume walk down.
The other day I talked to a co-worker of mine about Chemtura and after last Friday's gains, he came to me and said, "I should have listened to you when you first told me about it. Anyway, I bought like $5k worth of shares today." I'm sure he won't be disappointed. I did send him a link to the open letter about the EC, but I don't know if he sent in his information. Another co-worker of mine, who has a small position since 0.15 did.
Keith, your letter is great. It is a little on the personal side, which makes it stand out from most of the others (including mine) and might reach the judge on a different level. Therefore, I think you've done a great job. Your contribution is greatly appreciated.
Great letter. I am looking forward to seeing many of those letters appear in the court documents next week. Let's flood the court with our requests, so they know we are serious.
Mine and hfields's are two of them. Next week it should get a whole lot more! Let's make noise!
It's not Cabo...but we could move the party there.
Kos Town, Kos Island, Greece
My letter is there too. :)
It looked like somebody big was sucking up every share they could at 1.17 and 1.18. The rest I assume was retail.
I love walking alongside that harbor. Haven't done it in a while though. Chemtura is going to help make that happen again.
It is the harbor of Kos town on the Greek island of Kos.
I really wasn't that far off...
damn sellers
1.20s up
How many votes do we need to get it?
1.19s up
Gonna go higher now.
They are starting to move a little.
Now 1.17(4) x 1.18(5)
Me too. I would love to see a close at $1.21. Makes a nice round number in my account.
Still the same... 1.17 (2) x 1.18 (8)
I say we will either see $1.20 or $0.85 by EOD.
Look at that acivity for the 2016 bond:
10/08/2009 16:12:50 T 1MM+ 111.562
10/08/2009 16:12:50 W 1MM+ 111.500
10/08/2009 16:12:36 T 1MM+ 111.625
10/08/2009 16:05:00 T 1MM+ 111.500
10/08/2009 16:03:06 T 1MM+ 111.875
10/08/2009 12:13:00 T 1MM+ 110.000
10/08/2009 12:00:48 T 1MM+ 111.000
10/08/2009 11:47:47 T 1MM+ 111.000
10/08/2009 11:47:27 T 1000000 111.062
10/08/2009 11:47:27 T 1000000 111.500
10/08/2009 11:47:26 T 1000000 111.062
10/08/2009 11:10:27 T 1MM+ 110.000
10/08/2009 10:27:36 T 1MM+ 109.750
10/08/2009 10:03:00 T 1000000 109.000
Great news. Shows a lot of confidence in the commons and takes another almost 10% of the OS off the market.
Given the prices, they are not going to sell anytime soon.
Might they already have Chemtura bonds and go after the commons now since the bonds are exhausted?
Who is VERT? They are on the ask with $10.01. I like that.
I'm just getting out of a meeting and to my surprise, we are not at 0.85 yet. Perhaps we actually have a chance to stay above a dollar this time.
People ask me sometimes why I don't take some money out, now that I am sitting on a 10+ bagger. My answer is that if I took out $20k to buy a car, What I would really pay for that car is $200k. Then they look at me and shut up...
2016 now at $110.00
I was probably a bit sarcastic there. The first time it happened at $1.14, and the next time the panic selling started at $1.02. Let's hope we are done and over with that.
I still don't understand that mindset that one HAS to sell when the price reaches $1 even though there is enough momo for it to go higher. Oh well, people are just difficult.
2016 now at $109.75
No, sellers come in at $1.02...that's when we usually fall back to the .80s...
Are we done for the day? Time to go home? No trades in 8 minutes... Perhaps my StockStream level 2 doesn't work either anymore?
Trading above ask right now.
Stockhouse.com (StockStream) - They don't have NYSE level 2 though.
I used to have QuoteStream, but their software doesn't really work on my computer.
Level 2:
Let's hope that this is only the beginning.
Chemtura is getting $9.2 mil back from a pre-petition settlement. Nice...
http://www.kccllc.net/documents/0911233/0911233091007000000000028.pdf
2009 bond at $107.75
2016 bonds at $109.00