is running around in circles, rubbing his hands, and giggling
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Is the seller done? No trade in 20 minutes...
I found this board yesterday looking for something to throw my money at. Of course I don't do this blindly, so I did a little DD and have yet to find hard numbers that support any value of the common stock. From what I read, I am totally with you that the commons will stay intact, however, what will be left of the company after the BK doesn't seem to be of any substantial value. And this value is what will ultimately drive the share price.
More importantly, I seem to have a hard time to find out what the book value of the company will be after the asset sale is done. It seems that other than the money they have in the bank and the fictive value of the company name, there will be no value. So, take that divided by however many outstanding shares there are, and you'll get your target share price...
Here is an idea...we file an injection, then we approach the court to request our annual shareholder meeting, which by the way is way overdue. In this meeting we elect a completely different BOD and then we start this whole thing over. This time the right way...
I wonder how feasable it would be to file an injuction with an "Article III" court to put a halt to this very bankruptcy case. If nothing else, it sure would annoy a few people big time and give the EC more time to come up with a plan.
Thank you for your effort and for sharing this information.
It sure is quiet today...no trades, no posts in an hour...
There is no after hours in the pinks. These are transactions that were not posted during trading hours. I'm not saying that this couldn't be intentional.
The extension is not at all an indicator that the POR might not happen on the 17th. The prior extension expired on the 11th, so the company was forced to file another extension. The Chemtura management will for sure not jeopardize a successful emergence by not filing the proper extension and therefore leaving a hole for creditors to turn this BK around in their favor.
novachem, when I first read your post I thought this was a scam (nothing personal), it seemed too good to be true. But it is true and I am getting REALLY excited about the days to come. I hate making predictions about the stock price, but I am convinced that the prices we have seen in the last few days will be history very soon. Thank you for sharing this. GLTA
It sure would be nice. We all deserve it.
St. Francis sounds good to me.
Where are you at?
Tracy, near Stockton, Modesto, and Sacramento
I am in CA too, but my last car I bought last April, just a few weeks before I got into CEMJQ.
What a great reminder of history...
Cool license plate...is it yours?
The Dom Rep is not that great this time of the year, rain, muggy, mosquitos. Best time is April.
Congratulations! And thanks again to Wall, Jax, MC, and everybody who helped with the alliance efforts.
What wonderful news to close out the year with.
Faxed and mailed my form just a moment ago. All good here.
I'm in California as well and have not received anything yet. Looking forward to receiving my letter tomorrow so I can fax back my response.
Where are we going to close today? 0.83 or 0.63?
Me too. I am very happy with today's close. All signs seem to turn upwards again and I am looking forward to the coming days. Are we going to make the $1 next week?
It is so nice to see the PPS at .70 in an upwards trend. I hope we are going to close at HOD today.
I was in PV in November a few years ago and it was absolutely beautiful. Frankly, I like it much better than Cabo, or even the Caribbean. And of course, nothing tops the beauty of Greece. IMO
Perhaps this is how the market works in a recession?!?
Buys > Sells = PPS goes down
Sells > Buys = PPS goes up
Nevertheless, I've heard of people working for free these days...
What a strange reality we live in...
I think we are about to break the diagonal line. It'll be more like a zig zag line from the bottom left to the top right.
One day I want to become a chartist myself. LOL
Thank you Sklauble. I am sure many of us have felt bad at times and may have let a little whine out here and there, including myself. We are all just human. But in light of what's at stake here, we all (including myself again) should strive for perfection in this regard.
And please, when we are in Cabo, don't hide from us. Nevertheless, we have that 3 day non-stop jamming session planned, remember?
Thank you. Great post. Everyone should read it and put a copy under their pillows at night.
Come on NYPD...the last time I asked you for a closing prediction, you said .75 and were right on. Can you say that again? Like about now?
Question of the day: Are we going to see green today?
How I wish I had a couple hundred thousand $$$ right now. I'd buy CEMJQ like mad.
All is good for me.
You are funny Sklauble.
Sklauble, I got your PM but I can't reply. I really like your idea of a CEMJQ Millionaires Band. Sounds kinda cool.
Anyway, my guitars are nothing special, a Washburn DS10 accoustic and a Lyon Stratocaster copy made by Washburn. I got my first guitar about 30 years ago, but only now I am starting to really get into it.
It's good to see most of the longs still here. For a while there I thought some had left.
Let's get our minds off the minute-by-minute price coverage and enjoy life until the action here becomes more enjoyable.
I for myself just ordered some effects electronics for my new electric guitar. Gotta somehow come up with a good ACDC imitation, so I can play along with them in Cabo...
I think it is rather as jax describes it in his post here.
Why did I know that was coming.
Anyway, from now on, why don't we all try to focus on the facts and leave the emotions out? Deal?
It's not that orderly anymore. Looks like they want to get it done today.
Sklauble, in all respect, but every time the pps goes down your posts sound somewhat whiny as if you were trying to find someone to blame on this board, or you are trying to blame the entire board for it. Nobody told you to buy this stock, or to hold it, or to do anything for that matter. Just do what you think is right for yourself and when you post here, please try to be constructive and professional. I have 3 year old triplets at home and I get enough whining from them. They don't know better, but you should.