Chemtura Corp (fka CHMT)

[oaps222]

Jax, Very good observations and DD. That indicates that SVP accumulated the 22 million shares with trying not to increase the share price, while not informing its accumulation to other institutions (or MMs). That was a smart play.

If we are going to have at least one more institution, like SVP, (or 2 institutions accumulating about 10 million shares each not to get an approval from the Court), then that will be a strong indication of the common shares intake (or at least very minimum dilution).

As you mentioned, I also have observed that there have been some kind of accumulations going on during the last few days of our down turns. I wonder who have been accumulating those shares, and it is very curious to know. Well, as far as I am concerned, it is a good sign for LONGs.

Have a nice weekend, all LONGs!!