When legendary investor Mario Gabelli and highly rated hedge fund
manager David Einhorn both take large positions in a small-cap stock,
it's usually time to take notice. Specialty chemicals producer Chemtura (NYSE: CHMT ) isn't the most glamorous company, but that has not stopped investment firms from buying the stock. According to a recent 13D filing,
Gabelli's investment firms own nearly 12.2% of shares outstanding in
Chemtura -- worth about $205 million as I write. Meanwhile, the most
recent 13F filing
from Einhorn's Greenlight Capital shows the investment firm holding
3,950,000 shares, currently worth about $90 million. What's behind the
interest in this stock?
READ THE FULL EQUITY RESEARCH ARTICLE LINKED
READ THE FULL EQUITY RESEARCH ARTICLE LINKED
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