Replies to post #40700 on Chemtura Corp (fka CHMT)

[jaxstraw]

My insight is about the same as yours.

I have agreed with almost all of what MC has posted in the past though at times we bounce views around with each other without conclusions.

In this instance I feel that this is the case. He feels very strongly about this wording and tone of the response among other things.

I don't dismiss his views, the are a relevant point and need to be monitored, but for my part are not enough for me to divest my investment at this point.

All the while adding that DD to the rest collected on this site ( much of which was contributed by him).

Let the angry crowd roast me now, I don't care, it's the truth.

Jax

[Chemic76spirit]

I didn't see that in TODAY's courts. Unless they weren't posted yet. There wasn't even anything publicly posted until after 4pm.

[kidmaxxxx]

I can't dispute Madclown's interpretation, but I can offer a different perspective. The major court activity for today is just now being posted, and while I haven't had time to read through them all yet, the first 5 postings were granted in Chemtura's favor. Madclown's post was referring to yesterdays court docs, and for the most part it was a analytical/speculative decision. If, (and IF being the operative term here), his suspicions about common share holders are correct then yes, it could have a detrimental impact on our PPS...The bottom line is that the judge hasn't made a final ruling on this yet, and given the months of profitability as well as the POR due in November, there are numerous possible outcomes, just as there were last week or two months ago.

The disputes yesterday over appropriate legal fees and compensation has been adjourned to a later date, so again, this is mostly speculation on his part. In a case like this, there are many factors that come into play above and beyond an equity committee...An asset sale, for example, would negate the significance of such a committee as the risk to shareholders would decrease dramatically...Also, the share structure cannot by law be changed in any way without first seeking approval by the judge, so if there was a bad court ruling or a major change that would negatively impact us as shareholders, we would know in advance and would be able to act accordingly.

But Madclown has done extremely well, and on that note alone, I'm happy he made what I'm guessing is a significant profit...Though I wish he would have had the courtesy not to announce the fact that he dumped all his shares this afternoon. The research would have been useful, but his trading strategies and decisions likely created a state of panic in some new investors or perhaps potential investors after reading his post...

Anyway, as it's been said already, the fundamentals remain the same, and until the court says otherwise we are in good shape in my opinion...When the September MOR comes out and more importantly when 3Q gets released, I think we will all be very pleased!

[sullivot]

Sklauble, there was only one court doc that I see that MC could have been concerned about, and that was addressed this afternoon. Read back.

What miffs me (and I'm one who believes that the post in question from this AM did in fact lead to the dump...the timing of the post and the drop are beyond coincidence) is that MC was not just any old poster here who offered his opinions. MC had a research blog that was linked at the top of the page. If any of us here stated we had sold our entire position, except possibly C-MM, it would have hardly registered. I wish MC would have posted his concerns here, and they could have been debated, and if he so wished to sell, he could have done so, and announced it at a later date. As it was, we were cold cocked by his sudden message just as we were breaking out above $1.00. While it did not CAUSE the drop, per se, it did create enough shock and doubt to create the panic selling...$1.02 to .85 within minutes.

While I appreciate his DD, I don't believe the timing of his post showed any consideration for those owning the shares, or to anyone on this board.

That said, once this rises back over $1.00, this incident will be forgiven by many.

[fisherman2009]

Sklauble I am much more polite than most on this board and would never tell someone to sell and move on. I have taken alot of crap myself from some on this board for many of my past posts, just because I brought up topics that I thought had real merit, but were considered by some on this board to be taboo. I've always appreciated your civilized responses and I agree with your sentiments. Seems like "many" were alright with MC when he was optimistic, but quickly turned on him when he said things that they didn't want to hear, today being a case in point. I think MC's post today had many legitimate concerns, and obviously so did many others. His post today may or may not be cause for concern, hopefully we will have answers to his concerns shortly. I don't disregard what MC posted today, these issues have always been a real concern for me, and it will keep me cautious about my position until I exit it, however at the same time I plan to stay around longer until I see other facts that will convince me it's time to get out. MadClown's service to this board was invaluable, as were the "facts" he posted, however I think many ignored what he had to say because what was posted was only his interpretations. I myself have a Missouri mentality "show me". I am willing to risk things a little longer until I see more evidence to back up what MC posted, that's why I mentioned long and strong.

[wall_street61]

my opinion is that mad read something out of context in an email. well actually that's not an opinion, that's a fact. it's obvious that lawyer at K&E was postering in such a way to not have someone assigned to look over their shoulders when it comes to invoice time, nothing more, nothing less.

the reference to calpine, united airlines, and such do NOT bear any relevance as those companies were upside down. not the case here.

i can't see any way around not compensating the existing shareholders in some aspect

these lawyers think they can get all cute and stuff and no one is paying attention. you sit back and watch, because i intend on landing a left hook on those overpaid bastards.

sometimes you have to take matters in your own hands and quit waiting for someone else to do if for you.

i would suggest you guys look up the court's address on KCCLLC and bombard their ass concerning equity holders. it may just remind them there is an underlying stock associated with this company.

[floydborga]

"We have all relied on MadClown's DD" Dude, please don't speak for everyone else. "YOU HAVE"!!