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Re: everett7 post# 5859

Friday, 11/05/2010 7:20:20 PM

Friday, November 05, 2010 7:20:20 PM

Post# of 7211
The funny part is, I think even the original warrant package was valuable, but the tricksters made everyone think there wasn't any value by dropping PPS so many times, but clearly they've waited until the last minute to really put the buying pressure on, because there is value here now still.

THE VALUE HERE IS IN THE PPS WHEN TRONOX COMES OUT OF BANKRUPTCY - Based on 15 million shares outstanding when it comes out of BK, with a market cap comparable to Kronos and Huntsman, and a $65 warrant strike price, we are looking pretty good right now. $2 to the upside over the coming weeks is my guess.
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