Thanks jaxstraw; shorting this stock, its not a good risk reward. my comment was more about the risk of optimism in a better settlement.
Just read through the chemtura blogspot review and mc's work and its just seems likely the stock will fall significantly, like back to the .10 level as the reorganization dilution plan pick up steam, at least psychologically speaking.
Maybe you have some insight on the EC's intentions to fight this?
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