Chemtura just flew in 60 plus sales reps to Toronto this week and put them up for a few days (golf tournament included). They represented oil additives and they talked about sales far exceding production, and exspantion needing to happen ASAP. We are already running at capacity and they need every ounce. Profits are going through the roof at the same time we are going into bakrupcy (for legal reasons only)they will not be able to hide this on the Q2 so I think Aug 9 will be a big day.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.