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Madclown

01/24/10 12:13 PM

#54026 RE: Iggles2009 #54020

I have had some communications with the operator of that blog and I can assure you that he is a sophisticated distressed debt and equity investor. Admittedly, he has much more advanced knowledge of these concepts than I do, based on our communications. He and others like him that I have had the privilege to talk to have challenged me to better and more thoroughly analyze situations like Chemtura's. Any information on his blog that resembles mine is more likely to be because we found the same information, not because he copied it. This guy is very familiar with the case and is obviously an avid reader of the court docs and likley the transcripts as well. If he put a price target and a POR together it is the result of a lot of due diligence work and critical analysis on his part.

Just needed to clarify that.