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CEMJQ - Chemtura Corp. - Page 19

post #361 of 437
Yes,it is amazing the lack of attention over here.People just can't comprehend what is going on here.Does anyone really know on this board because I sure do.Does not matter that this is a Q stock,does anyone know wheat Chemtura Bonds are doing? They are going nuts! There is a reason for it.This is ready to go for the $1 mark shortly and I guarantee it will.$4-$5 could happen with an asset sale and happen before the year is up.The Q will be gone from this with some patience.If you don't get in now you will be saying to yourself why did I pass this up.
post #362 of 437
I rode this one time for some green, will be looking to get back in as soon as cash becomes available.
post #363 of 437
I've been watching this more as other Q stocks have lost interest. I'll probably start looking for an entry soon (around .44, imo).

The weekly chart is looking good, broke the cup and handle with the money flow creeping up

post #364 of 437
Chart

I’m watching this for a possibility of a squeeze play. As the 200dma fall while 20ema rise, the price is between is going to be squeezed by them as the two moving averages get closer. There’s a possibility of breakout and if it’s to the upside I want to make sure I’ll catch it.
post #365 of 437
Quote:
Originally Posted by 22rowdy View Post
I've been watching this more as other Q stocks have lost interest. I'll probably start looking for an entry soon (around .44, imo).

The weekly chart is looking good, broke the cup and handle with the money flow creeping up

You will not see .44 on this,good luck with that
post #366 of 437
Quote:
Originally Posted by Gman9976 View Post
You will not see .44 on this,good luck with that
Do you have any idea how many times I've heard that on penny stock message boards?

A LOT.
post #367 of 437
Quote:
Originally Posted by 22rowdy View Post
I've been watching this more as other Q stocks have lost interest. I'll probably start looking for an entry soon (around .44, imo).

The weekly chart is looking good, broke the cup and handle with the money flow creeping up

The Infamous Lopsided Breast formation! We're definitely breastish! Er, bullish?
post #368 of 437
Up 15% and broke 200dma so far
post #369 of 437
Quote:
Originally Posted by JLC View Post
Up 15% and broke 200dma so far
my freebie .10's look real good right now. I sold 1/4 of my position on the .48 move a month ago...holding these IMO CEMJQ will hit a dollar (I am not saying it wont retrace with some profit taking, but longer term it will hit a dollar.)
post #370 of 437
Quote:
Originally Posted by Airs414 View Post
my freebie .10's look real good right now. I sold 1/4 of my position on the .48 move a month ago...holding these IMO CEMJQ will hit a dollar (I am not saying it wont retrace with some profit taking, but longer term it will hit a dollar.)
Closed above 200dma but too bad volume isn't too convincing. We may have a higher day tomorrow but if only volume is there to confirm
post #371 of 437
Quote:
Originally Posted by JLC View Post
Closed above 200dma but too bad volume isn't too convincing. We may have a higher day tomorrow but if only volume is there to confirm
I am not disagreeing with you because lack of volume means she ain't gonna move, but I have watched CEMJQ for 4 months very closely, and after it ran to .48 and retraced back to the .30ish area, the MM and the MM alone walked this down to the .18-.22 area where it churned for a few weeks. IMO this was over attenuated for the mere purpose to purchase shares (and check the ammount of hedge funds as well as the MM picking up shares during that time period). Any buying pressure will cause/and more recently continue to induce a rising pps. There are no free shares available so one must chase the ask.

I believe this is a great opportunity as this multi-billion dollar company is only a couple hundred million in debt and when 1 assett sale is confirmed, more to come.

Please understand this is all my opinion. GLTA
post #372 of 437
Quote:
Originally Posted by 22rowdy View Post
Do you have any idea how many times I've heard that on penny stock message boards?

A LOT.
Sometimes they are right as is the case here on what i am posting.Guess you missed .44 today,or was it .64?
post #373 of 437
.735 close today that $1 I guaranteed is closer than you all think.It is coming.
post #374 of 437
Someone forgot to tell Chemtura that today was a down market day.

I'm glad I sank every free penny I had in this one in April.
post #375 of 437
What's going on?
Was this just another ordinary pump & dump?
post #376 of 437
I don't think so, but be careful. There are very loyal followers on othe boards. I was in at .0475 and got out at .55. I think the crash you have seen the last several days is due to the rally it had into the .70s, same thing happened when it ran to .48 a couple of months ago, fell into the high teens and low twentys for a while before popping again.

It does appear good things are happening with the company, but I would have hated to loose 1000% profit by being greedy if they decide to cancel commons. The hard part was pulling the trigger knowing that PGPDQ went from .10 to over $4 and is still going.

Good luck.
post #377 of 437
Quote:
Originally Posted by Gman9976 View Post
You will not see .44 on this,good luck with that

Hit .44 today
post #378 of 437
One thing I can do is admit when I was wrong.Never thought it would go there again,but my original statement stands as this will be over $1 and could break $5-$10 next year sometime.This is not a pump and dump.Most of the company is not even in bankruptcy procedings.The company will come out of this and will take some time.
post #379 of 437
What do you think will happen once it comes out of bankruptcy? You think the stock is going to be worth something?
post #380 of 437
Quote:
Originally Posted by shakattack View Post
Hit .44 today
Yeah, let's see if/where it bounces from here...

I don't buy on the way down.
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