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I realize that. I meant now, post split, trading double the O/S.
Wow! Where would this go on a 5 million share volume day?! Barely over 600k shares traded. They must really be in trouble.
Gotta take the frustrations out somewhere. Might as well be the source. Usually feels better that way.
That is called "on the job training". I would seriously doubt he would retain his job after this. I meant that to be a joke, but do you really think he will ever forget about this boo-boo.....
He might be looking to join the Army, if they would have him. LOL
Why would you fire him, when they have spent millions training him? Think he would ever make this mistake again?
Bought through Fidelity.
I was disappointed and puzzled that the boost from the Nov. 23rd PR was short lived. Don't really understand why, as I thought they presented their projections very well. I too am accumulating/holding patiently as I feel the stock is undervalued here.
Still don't understand how these other stocks with less in the the works are trading higher?????? Guess that is where the patience comes in.
OK. No problem. Don't understand that either. Drop in a very large bucket.
Don't know where you got 800 shares. I bought 300,000 shares. I stated it as 300k in a previous post.
I am sorry, but I don't understand your question.
Don't know. It was definitely a buy for me.
That is correct. I entered the order @ 10:25. Sorry about that.
I bought 300k @ .035 @ 10:25.
Thanks for the reply. I had read the info on the Ibox awhile back and closed it because I find it easier when refreshing for new messages. I agree there is a great deal of positive info on there, which really baffles me when I look at the pps. I guess I should check it every day or so for any new info.
I am sorry if we got off on the wrong foot. It was really just an innocent question on my part. I am sure you are frustrated and anxious as I am if you are a holder.
You have a great day as well!
Savannah, you have assumed wrong on me. I definitely am not a basher, as I stated in another post. I have a pretty significant position (to me), 733k shares, that I am losing my ass on and just asked what I thought was a legitimate question, first time post or not.
I am sorry, I had already hid the Ibox and did not see those dates on there. I am not a basher, nor am I trying to spread fear. PPS is doing that on it's own. I am just a frustrated share holder trying to find out what to expect.
Rick, I appreciate you taking the time to answer my question.
I agree. I hope it is today. I think it makes people nervous when they delay, even if it is normal practice. Projections are good. Revenues should make this move in the right dirction.
Thanks, JJ. Just anxious to see what they have to report and any outlook they may provide.
Thank you. So, do they have to announce if they are using the extension? I haven't ever posted on this board before, but I have been in since April. It seems they really have some good products and future, but price doesn't seem to follow (due to I believe dilution and/or stock for debt, who in turn sell). I am trying to be patient, and I am not bashing, but I am very frustrated. Disclosure: I hold over 700K shares due to the belief I had on their future.
Anyone know for sure they releasing earnings today? Did they state a particular time? All I can find is earnings today per Yahoo Finance.
Thanks
Yes, we did take a screwin on that one. I rode it for 18+ months, took alot off the table but still feel we were unjustifiably screwed the last 5-6 months! Anyway, it's good to see some familiar names (you,B-Balls) on this one. Hope it proves to be a winner.
I agree guys. I have been reading your posts for months. I just hadn't joined IHUB until recently, but appreciated all your insights. As it came it out, there was alot going on behind closed doors we did not know about.
Hoping for a good ending. I am ready for it to happen on Monday and move on. I have speculated in PCFG. I noticed some of you guys are in that also. Maybe that one and some of the others you guys are in will make up for what we missed here. GLTA
Don't understand that either. Read the 8-K several times, and I glean from it that existing stock holders will receive shares of the new company or cash. Per the 8-K, "Distributions under the Plan to holders of Chemtura common stock will include shares of new common stock and may include cash."
I know I mentioned this in a an earlier post, but isn't the conversion factor .03035976 of new shares for each existing share per the plan? If that is true, and where the CMTRV is trading, there is no way I would sell now. But with all that has transpired in court, I have a nervous feeling that we still don't know everything, and are going to get yet another "suprise". I don't think I can take another one.
So, is that conversion factor subject to change, or is that the bottom?
True. It is not guaranteed, but I would think that there is a distinct probability it will be at least $ 15. Enough incentive for some gamblers, err, investors to take a shot.
Well, I could definitely be wrong, but by my calculations using the formula in the document (1 current share = .03035976 of a new share) on Pacer dated October 29th, I come up with an approximately 25 % upside from where we are trading now, to if the new stock opened at $ 15.00. I know the CMTRV is currently trading at over $ 16.00, so it would be even more if that were to hold or go higher.
Am I missing something here, and if not, why aren't more people buying for a minimum 25 % gain?
Thanks