Chemtura Corp. (NYSE:CHMT)

CAPS Rating: 5 out of 5

Recs

4
Player Avatar TMFDeej (99.26) Submitted: 6/15/2011 11:26:04 AM : Outperform Start Price: $17.20 CHMT Score: -25.74

Chemtura Corporation is a specialty chemical company that was forced to file for bankruptcy as a result of environmental liabilities. The company emerged from bankruptcy and re-listed on the NYSE in January with a much cleaner balance sheet and leaner organization.Deej

Member Avatar bdescent (69.54) Submitted: 7/29/2011 10:30:48 PM
Recs: 0

CHMT's bankruptcy has removed many of the liabilities that encumbered the specialty chemical manufacturer. It gives them a new opportunity to reduce costs and streamline operations. The kid gloves are off when these issues are totally resolved and should provide a lean and hungry balance sheet to be reckoned with. The question is, will you sit in this basement for a while?

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