Chemtura Corp (fka CHMT)

[utahguy2009]

Just an up day, not the start of any run up. We need a catalyst to make this run, and right now we don't have one. I think this stock has bottomed, but in order for this stock to begin a gradual run up we need some sort of impacting news, and right now it doesn't look like there is any on the horizon. I am going to hold onto my shares, and try to wait patiently for some significant move. I still believe that this bankruptcy will end sooner than later, but I'd be surprised to see this stock move over .35 before the end of August, unless we get "some news". It's going to take more than a few good MOR's in a row to get this moving!