Replies to post #62169 on Chemtura Corp (fka CHMT)

[fuller11]

Hey Wallsteet,

Are you still on the EC?

[slickwillski]

Do you think that there is a possibility the EC submits the framework for a more favorable POR when they motion the court to end debtors exclusivity?

thank you

[Tool_power]

You know, there have been times when you and I didn't see eye to eye, and there was a time when I really didn't like you very much. But I really can't find any fault with what you just posted or anything you said last night.

Take it or leave it folks. Facts are facts and I don't see anything untrue or misleading about WS's recent posts.
Like it or not, this is not a rosy position to be in. That's not to say there isn't any hope, but IMO, the folks going on and on about how negative WS is being are the ones doing more harm to this stock via amplifying this "apparent negativity" (which I choose to call the "reality of the situation").

No one likes seeing their profits of the past year evaporate. But how would you like seeing hundreds of thousands, perhaps millions, of dollars evaporate and not being able to sell your stock because you're a member of the EC?

I make no excuses for Wally's straight-forward and somewhat abrasive (lol) personality, but this is business, so personality aside, I see nothing that he's said recently as shocking or untrue. So please stop over-analyzing everything he's had to say and make up your own mind what the best strategy going forward is for you, and you only.

If you sell, congrats. But don't stick around and bash so you can get a lower price. That's just dishonourable.
If you hold or buy more, great, I'm one of you. But don't act like you're some righteous savior either. We all have tough decisions to make and discussing the facts, albeit tough to swallow right now, should not be shunned from this board.

Here's a fact. Some investors out there are pouring money into this stock lately so the market obviously is optimistic that we'll get a better deal than .27 a share. I take comfort in that, and the impressive resume of Jay Goffman and the financial strength of UBS.

All the best,
Tool

[chickenvestor]

Wally: I think most here know what is stated in the POR. Surely we have all at least read MC's blog and got his take on it. I think the thing that bothers them is that we expected our EC to come back with an alternate POR or at least negotiate us a better return. So far it looks like nothing is happening. We all hope that is not the case. There was a lot of talk in the last couple weeks regarding the EC lining up financing and pretty much having this all but worked out. While I have not read them all, I don't think that kind of stuff can be found in the court docs. Someone knows what was going on and was kind enough to share... or... BS us to lead us to believe something was being done when it wasn't. I am still betting the EC will come up with something better than we have now.


A lot of us rely on the message board becaus we have jobs, families and other responsibilities and are pretty time poor already. I guess we hope we can ride on the coattails of the ones that do this for a living. I know that I have most of the time. And to those that have shared your valuable information here, I thank you.

GLTA

[edgereport]

Based on your statements and sentiments, I liquidated my shares.

I'll wait a few months and either say "thank you" or "screw you". Hope it's the prior. :)

[rjhstock]

Never said you "ran this down". We get it man.

[Fernace]

I suggest you go back and reread my post. I never said you were to blame for the drop, that'd be preposterous. You have done a lot and I appreciate your efforts, I've always owned that. Second, you didn't turn me on to Chemtura. I learned about the company from an individual introduced to me; at the time they were a going concern. Third, I don't invest from message boards. And finally, with all the good you have done for so many people, selflessly, honorably and with such leadership, why would you be so abusive to those that hold you in high regard still? Why pound the negative? I respect the choices you made; I'm with you, literally. Many people take what you are saying as proof positive that UBS and SVP and or other EC members are unable to come up with the financing. Are you saying that? My understanding is that you can't speak to that if you are on the EC. Are you on the equity committee anymore? Can I buy you a drink?

[blhawk31]

dude you give yourself way to much credit if you think you were the cause the drop, thanks for everything you did on the ec, i take it your done, good luck to you in the future, anyhow for those who are following T/A, i'm calling today a bottom, will have to wait to see if this is a good long term bottom like at .47 or short term, but looks great right now......