Chemtura Corp (fka CHMT)

[wave runner]

I stand corrected. Friends who are close to the situation have indicated that the exclusivity is not simply a binary event. It is possible (less probable) that gerber could delay ruling on this motion to force equity and debt to come to terms, in my mind that can only be accomplished at higher prices.

Im also getting that RIgerson and co are slowly changing their tune to some of the big equity stake holders. If the EC wins on their POR, management incentives decline significantly and theres a good shot they send Rogerson packing.

Theres a very valid reason the stock is above the debtor valuation and a good case that we are a good deal higher soon.

carpe diem