Replies to post #31319 on Chemtura Corp (fka CHMT)

[LCLiving]

Seriously, search the board as all of this has been discussed ad nauseum. You continue to ask the same questions but refuse to do your homework, lol.

[turbosig]

No, that is incorrect - read up on Sizzler International's 1997 BK - shareholders got to keep all there equity.

I think you know the answer to the rest of that question.

[bluebird50]

Sell and go away. Then that dark cloud that follow you will disappear.. I promise....

[Cowboy]

What a worry wort...sell or shut up..lol

Either yer a believer or yer not..period.

[BlackE]

A little search shows that roughly 8-10% of formerly BKs keep the common stock intact when coming out of BK.

And we are riding one special Chemtura tiger.

[Tool_power]

You absolutely do NOT have to cancel shares and re-issue new shares to relist or get listed on a higher exchange. You simply meet the requirements of that exchange and then file the appropriate application form to get listed on that exchange with your current shares. It might be a form SEC 15c-211 or something like that.

Pink Sheets can go to NASD or AMEX without cancelling shares.

[Tool_power]

And another thing, why would over 50 different funds and institutions (i.e. Citigroup, Oppenheimer, etc.) be buying and holding common stock of a BK company in the pennies if they thought their shares were gonna get cancelled???

I don't see any other pink BK getting bought up by funds and 'tutes like this one.

[JUST 10-11-12]

as COWBOY would say: "let me make it easy for ya!"

all these funds--ie, particularly Heartland in my home
town--are buying this stock like crazy! they are
not buying for a losing cause! they believe this is
best of breed back, and on the NYSE one day!

this should suffice!

have a nice evening!

I have been buying this morning!

Keith

[hfields]

We r in chapter 11 reorganization. When assets are greater than liabilities there is typically a fiduciary duty by the bk judge to uphold shareholder value. When the opposite is true, commons suffer a different fate. You must also take into aacount that only about half of this company is in chapter 11 - not the entire company. That's a quick answer to ur question. Hope it helps.

Cemjq sentiment = strong strong buy

I have been in since .10 and keep accumulating shares. Have not sold one.