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I'm thinking a good day at court and a profitable July MOR Could be a nice catalyst .
Mods, please delete this post I'm responding too, it's unnecessary, and irrelevant to the CEMJQ
The point is your post was based on nothing...Falling like a rock...Umm, okay, I think we can all see the daily stock chart so the fact that it's down is an obvious, but you say it's going to take months to recover without any logical reasoning or insight. It's what i would consider a Spam/annoying post.
I added a few myself earlier this morning...Sorry, don't have an IHUB subscription so can't sent private messages.
Recover? The PPS is way up when considering the past few weeks...You can't expect to be successful if you only look at a one day session of trading.
I expect a pop...Don't expect this to dip below .50...A lot of proceedings happening today and especially on Monday. Plus the MOR. Good buying opportunity I think.
I don't see that happening...Not with the court schedule and July MOR due any time...It's just taking a breath, it's not going to double digit gain every day .
Nice! I think the 2Q report was pretty well accepted ...I caught only the last half hour, so I'm lovin' it right now! Big Court day and MOR coming up...I see this rally continuing for a while. Cheers!
Cheers to that! Good evening everyone.
Not to dampen the idea of 14bucks, but that analyst estimate has been there for many months...It was probably made pre-bk when the stock was trading high a year ago.
Yeah it's jumping all over the place! It can jump around the double-digit green all night long .
One comparison that looks good in the long run, if you want to compare this stock to the market as a whole, is watching the biochemicals. Next to the financial sector they have been on fire this year. I interpret this loosely, but I do think that the spike in revenues and share price seen in DOW, (Dow Chemicals) over the past six months, at the very least shows that business is getting better and that demand and sales are increasing...Looking at the MOR's, you'll see the same is true for Chemtura. On a day to day trading basis, I wouldn't gauge the market to time this stock--the market is having a terrible day so far; we have double-digit gains...hope that helps. Cheers.
Well said...Plenty of rocket fuel...We're just testing the engines, we haven't lifted off yet .
Overall, from my experience following this stock, I haven't noticed much of a correlation between the PPS movement of CEMJQ with the market as a whole. Good News/positive court hearings/Volume seem to be the main catalysts since BK. Friday we had the financial breakdown, which is good news, the charts are all in a bullish/very bullish pattern, and the court schedule is going to be busy the next week and a half...So if you're trying to time it just right, you'll probably find it very difficult, as none of us know when major news will hit...In my opinion, it's a still a huge bargain. GL
Definitely agree...Let's set a new BK E.O.D. High.
Great perception ...haha...Nice uptrend indeed! EOD should be interesting; a good setup for next week hopefully.
Good point...We have some big events in the next two weeks so it shall be favorable I think. 2Q due any time now, a couple major court dates, and July MOR if released around the same time the previous ones have been.
Hopefully we're both wrong and it doesn't pull back any further.
Good question...Perhaps when it becomes Citigroup and over a billion shares are traded in a day ...No clue.
I disagree...After the run the stock has been on, strong support is what I want to see. If it falls below .50, it will probably retest in the mid to lower .40s tomorrow (Friday), then with no expected news on Monday, it may continue to trade in that pattern...The Chart pattern is extremely bullish as is, a pullback may be necessary, but it won't be corrected tomorrow...Holding at or above .50 would be a great indication.
.053 is holding with the selling pressure so far.
Probably a few small share holders taking profit...Volume is too low and it's too early to gauge if it's a pullback or not IMO.
I agree it's important, but not something to panic over. Their website isn't like CNBC where they change info every hour, or like GOOGLE where their entire business depends on it. I've only seen a couple changes on their regular site in months so I'm not too worried. I've had a server go out on me and needed to replace equipment that wasn't readily available so it could be a number of reasons IMO.
Gap up, Big morning volume, who cares about a website! At least for now.
LOL...EOD post-BK high, highest volume in this price range in a long time too...Double Tanqueray and tonic all around!
See you in the stratosphere!
I came across that date too...It's been scheduled to be announced on today's date for awhile, though I think they have flexibility for filing reports. A couple nice "forward looking statements" would be most welcome in the 2Q when it's released.
Gotta Love it ... Perhaps some after market news is in order? Nothing extremely exciting that I can find for the day, but with the way the bonds and PPS is moving, especially second half of day, makes me pause...And smile!
My eight ball says the same thing .
Interesting...Would you mind posting a link?
They can't make any major changes to the shares, bonds, or other business decision without it going through the courts and getting approved. So no they can't issue shares on a whim.
A bunch of tiny blocks trying to break through the bid.
Something has definitely got the attention of some big buyers, and I have a feeling it's not the recent court docs.
I agree with you...I think we'll test .48 and hopefully blow past it by EOD.
The hooves are stamping, the horns are polished...Let the Bulls RUN!!!
A bit off topic, but I have to say that your Jack Nicholson picture cracks me up every time
Agreed...Well said!
Cheers to that!
Very Nice! thanks for update, forgot to check the bonds today.
I hope we break the .48 cent post BK high this week...It touched .48 cents for a whole what was it like 10 minutes? That was the two days following some news and after it had ran over 100%...We're having a nice run thus far without news (at least public news)...With the return of volume back to where it used to be and the past few trading days, I feel pretty convinced that news perhaps leaked, or is on the horizon. I'm going to hold either way, unless it was bad news, but given the activity and trend that seems quite unlikely in the near future at least. IMO.