jaxstraw, I agree with all your comment, especially this one:
"The PPS has been run up on continued accumulation by large buyers. And I believe they were not just waiting on this MOR and quarterly report but have a team of analysts that see this differently enough to put multiple millions of dollars into this so far. They re looking at this longer term and bigger profits than 25% or so."
Entities such as SVP and others don't just throw $20 million at a stock on a whim. You can bet that their knowledgeable and experienced team has looked at Chemtura's prospects from every angle, and concluded that it is a very good investment.
And I can't wait to find out who was the big buyer of the $1.30s yesterday. :)