Replies to post #65351 on Chemtura Corp (fka CHMT)

[was justavoice]

Did not mean to appear ornery but if you want knowledge read back posts. Another recommendation is ask questions without stating absolutes in your questions (i.e. Definitely, only,). Many of us on this board are older and went to too many concerts, college parties, and mixers so our brain cells are not as strong as this younger crowd with all the video games and having relationships via text, facebook, etc... we did it the old fashion way.

Your statement on value is more of a statement than a question. Again, until the judge rules we do not know valuation. MC did a nice spread on his blog showing the ranges of high and lows. You put the value of .93 per share which could be 100% accurate and could be 100 % false. We just do not know that was why I referred to Jaxstaw's magic 8-ball which a number of longs have joked about over this past year.

[wave runner]

I think the terms of UBS deal were predicated on them actually being the investment bank. If the vlaue to shareholders is above 225mm it really has nothing to do with UBS per se. They were the ones selected by SVP/Canyon in the EC led POR. There is alot of potential upsde that really has nothing at all to do with UBS.

[rjhstock]

back then it seemed likely that .27 per share was max (approx. $69 mil)... now, all bets are off. In fact, nothing would surprise me now especially with the length of time Gerber has delayed his decision. Perhaps a bid has been given to the court for a buyout...??? Just thinking outside the box....