Chemtura Corp (fka CHMT)

[stingray2]

When I bought I bought because I am convinced this is a great opportunity.
It still is nothing has changed. My first purchase was at.042 and am still buying.
The price fluctuations do not bother me for the following reason. They donot reflect the true value of the stock!
Yes there are day traders ,swing traders and position traders . Each has their own criteria and tradings styles.
You also have momentum players who come and go based on volume. Then you have those who believe that if instant wealth is not realised then there is something wrong with the company.
There are so many solid reasons on why CEMJQ will be a huge success in the future. Will it be next week? Don't know. Will it be June 17th I don't know.
Regardless of the time it takes, this was a voluntary BK with over 1 Bil. in assetts, a solid buisiness and undoubtedly profitable in the future again.

Getting the DIP financing in place was a big deal as well.

So as far as I see it taking advantage of the share price is a prudent decision to increas my holdings.

Stingray