Caught some nice cutthroats yesterday. Going back out in awhile, but I thought I'd look in on the board before heading out. The million + traded around closing Friday was fantastic! It appears that Chemtura is getting more and more exposure everyday, but not the exposure I'd like to see. There's been many posts on this board about what impact the $1 mark will have on the PPS. One thing that hasn't been mentioned I believe is the impact that a $1 share price will have on analysts. Chemtura has been practically void of analyst coverage since chapter 11. Generally speaking I think analysts are more often wrong than they are right, however they serve an important role in drawing attention to particular stock. As a rule penny stocks generally don't get covered by the analysts, however in the case of Chemtura it's quite conceivable and also quite possible that we will see an exception. Once Chemtura climbs over the $1 mark I think we might get more attention from the analysts. It's possible that once we hit the $1 mark a few of the bigger financial firms may decide to initiate coverage on Chemtura, thus giving it much more exposure than it currently has. This would be huge. As much as we need news, we also need a means to draw more attention to this stock. It's a foregone conclusion that an asset sale, debt refinancing etc. will have an immense effect on the PPS, but if a greater number the of analysts who dropped coverage on us when we went into bankruptcy, decide once again to initiate coverage on Chemtura I think it will seal the deal. Positive analyst coverage will be a huge contributor to getting the PPS to where we all want it to be. Perhaps I am overstating the importance of these guys, but you can't dispute the fact that stock ratings do have an effect on the PPS, and once more analysts climb on board we are likely to see increased momentum in the PPS for Chemtura.
AI
Market Data 
Markets 
