Replies to post #62648 on Chemtura Corp (fka CHMT)

[My4ntoy]

EDGE... Me too. That would put the icing on the cake. I went through a similar situation a while back and took a royal beating, lost a bunch. Seeing some of the same things, I sold a lot of my shares in the low dollar land. I did OK on my sale. I am averaged in at .26, but the majority of my shares were purchased at .052, .089, .15 and at other times along the way up. I am just waiting to see what happens next. Still holding a few long and strong..


Posted by: edgereport Date: Friday, July 09, 2010 7:40:20 PM
In reply to: My4ntoy who wrote msg# 62646 Post # of 62648

For the record, I hope the judge rips up their POR and throws it back in their faces.

Even though I am more bearish than you guys on this stock, I've never wished any of you ill repute, financially. Just disagreed with some of your stances.

Here's to hoping you guys get what is due to you.

[sullivot]

Best case scenario is that Gerber does just that and approves the EC plan. But he'll need to approve recinding exclusivity first.

Barring him ripping it up, perhaps he will throw it back at them and say "fix this and that, or else". Just from reading about Gerber, I seem to think he will find something unseemly about the debtors plan.