Chemtura Corp (fka CHMT)

[cwdanie]

I don't know about basher, but I think good DD points out the positive and negative FACTS and concludes with an emperically driven personal POV. I think it's fair to point out that cash declined from Mar. to June, so long as you also note that Mar. was pre BK and things are expensive in BK, and now cash position has increased by 9mm from May to June, which is what really matters at this point. We've reached our support in low .20's, so we dont care what cash looked like 4 months ago...stocks don't trade on past performance. What is important is mgmt. has been able to turn this company profitable and our cash position is improving. I appreciate your POV, just think you have to look at it holistically and IMO growing cash is a very positive sign, that and profit are the two most positive signs we could hope for. Clint