Chemtura Corp (fka CHMT)

[PeterS237]

I don't know Local. If you take a quick look at the figures : company worth close to 4 billion $, aprox. 240 million shares, but with all the trouble, depreciation, litigations, an actual eps of -1.52 $ and so on, they are at a reasonable value now.

http://www.google.com/finance?q=PINK:CHMT

But, if you see that they come from 18 $ old price, and since they're back on track now, we can assume that they would regain their position, as well as a global player (wich actually they still are), as a healthy company (where the Ch11 was all about) and financially. Then would it be so hard to imagine that they would regain at least 1/4th the value relative to their old PPS, so about 4,5 $ in a couple of years. That would still mean more then x 10 of the conversion price, so 50 $ wouldn't be that far out there, au contraire, more likely a very prudent prediction.