Chemtura Corp (fka CHMT)

[wall_street61]

Chemic,

if you want to inform all of us, be specific, unlike your 401K attorneys.

Chemtura hasn't said there wont be any $ for shareholders.

Specifically, Chemtura, through it's counsel K&E, which is Natasha Labovitz, said they (she) doesn't see any recovery for stockholders....AT THIS TIME, BUT WE'RE STILL LOOKING FOR IT.

Maybe one day ms labovitz will look at the bonds trading at 110% of face and the 300+ million net equity, and begin to think,hmmmmm why is that? or an asset sale and she says, hmmm what to do with all this money?

Have you ever considered that K&E doesn't want an equity committee messing with their bill padding, so it would be in K&E's best interest to downplay recovery to suppress the stock price, therefore hindering the appointment of an equity committee?

chew on that a while. you've got to be able to look past the popcorn farts and take in the big picture.

if you want the line/page/document where natasha has said this over and over, i can provide it. do some DD will ya