Chemtura Corp (fka CHMT)

[fisherman2009]

Will more institutional investors jump onboard once this goes over a dollar? Many on this board have commented that the reason for the lack of activity from the tutes is due to price requirements. Many mutual funds' charters directly prohibit their managers from investing or holding penny stocks (those traded on the OTCBB and pink sheets) and generally stocks under $5 dollars, however mutual funds are not obligated by any regulations to have such clauses, and there are mutual funds that specialize in penny stocks. I think the $1 mark will be a self imposed entry point for many of those tutes that specialize in penny stocks. Those watching from the sidelines will get in the game once the PPS goes over the $1. The upward price movement will accelerate and we will go much higher, much quicker than most anticipated.