I apologize for this post ahead of time. I don't mean to ruffle any feathers or piss anyone off, I'm just trying to keep it real, and I don't have any type of agenda, other than commenting on a very touchy subject, but we have to be honest here, and realize worst case scenarios are possible.
To 'akswhy'
I agree. Since BK there has been nothing concrete to suggest the commons will survive. Other than speculation and circumstantial evidence we have nothing of substance to indicate that either an asset sale or refinancing will happen. As you noted 'akswhy' the survival of the commons is minimal without an asset sale, or perhaps refinancing. I realize positive news could happen in an instant that could put us all on cloud nine, but it hasn't. All this talk about an asset sale being imminent is just wishful thinking. I am guilty of the same talk I know, and I don't mean to now sound like my optimism is wavering, but you got to admit the silence from Chemtura since bankruptcy isn't good. I intend to stick around until I get a better indication of where things are going, but "if" the PPS drops below a certain point I will exit, as many here will as we come closer to the POR. I am holding out hope that the final outcome will be a good one, but it's looking like Rogerson and company will pay off the debt with means that will be disadvantageous to us.
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