Chemtura Corp (fka CHMT)

[Madclown]

Glad to see everyone is still hanging in there, having fun and not going into panic mode. We know where we've been and we know where we're headed. This board has come a long way since our humble beginnings. It cannot be underscored enough to watch the price/volume ratio. This stock moves big to the upside on volume and tends to drift lower during periods of low volume. Although we've seen almost $0.30 shaved off of the price this week, the volume indicates there is no conviction to sell on the part of the overwhelming majority of stockholders.

The negative sentiment in the broader markets has had an impact on us. Historically, we have not seen this type of broad market sentiment creep in and affect Chemtura's stock price. But guess what, this stock now behaves more like a big board stock than it does a pinksheet. It also has a very large institutional ownership percentage and as such, this stock will now be affected when these guys adhere to stop losses and such. If this downward move was also some kind of attempt to shake loose some shares then it didn't work on this stockholder ;)

Best wishes.