Chemtura Corp (fka CHMT)

[Xenn]

Well since May 29th (when this downturn started), we've a had a turnover of almost 100 million (not exactly chump change).

Funds/Tutes don't always go in with barrels blazing. They can and do accumulate for weeks if they deem it opportune to do so. With all the selling that's been going on since May 29th, any big player could easily have racked up a sizable position for themselves.

That's why it will be interesting to see what happens when we get a float turnover. Whoever is stockpiling those shares will have to hit the ask if they want more.

So far they've been feeding at the trough at the bid...once that dries up, we'll see what the real deal is with Cemjq.