Replies to post #24989 on Chemtura Corp (fka CHMT)

[jaxstraw]

Although your statement is basically true the only concrete evidence from the company filed with the court pertains to asset sale.
They have not filed or prepared any other option to date.
They have retained Lazard and set up a fee schedule.
This could change but until other information is presented this is what most will base the direction CEMJQ will take to exit BK.

[jaxstraw]

Maybe you should read your post from 6/25

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=39037246

[rjhstock]

That's right!

... it can happen A-N-Y D-A-Y now. Chances are just as great for your pessimism as it is for our optimism. So, here we are! ;)

[Iggles2009]

Close to home (Philly) another company is trying to sell their chemical operations - Sunoco. Came across this on urethaneblog which linked to a Phila Inquirer article about the Marcus Hook Chemical plant fire in May.

http://urethaneblog.typepad.com/
“Because of disappointing profitability, Sunoco is trying to sell its chemical operations.”

Link to original article:

http://www.philly.com/inquirer/business/20090707_Sunoco_won_t_rebuild_plant_hit_by_May_fire.html

[rjhstock]

Rogerson mentioned pre-BK...

... that they were working toward an asset sale (see headlines from earlier this year for CEM). What has changed for them to not pursue this course of action? In fact, they voluntarily filed BK to give them more time to find a suitor and to allow the economy to recover such that the suitor pay a fair price. Everything is going forward IMO and nothing has changed. The risk/reward for this BK is the lowest IMO among BK's and that is why there are A LOT of strong hands in CEMJQ.

[JUST 10-11-12]

early stage dementia?

senile?

geez!

but, have a nice evening!

[catdaddyrt]

disagree, there will be an asset sale, Rogerson has made his intentions very clear back before you were around this board and trying to guage other struggling chemical companys with cemjqs speciality divisions(that are in demand and very much sellable) is crazy !! thanks for shopping

[BrassOnes]

Hey Utah-
I love ya man, but that was one repetitive post. You said the same thing over and over...like I just did :)
Go Utes!