CEMJQ 2016 Bond Activity

Cemjq's 2016 Bond hit a new post bankruptcy high of $104. This bond is currently trading above par value.
HTRA.GA is the symbol for CEMJQ'S 2016 BOND and it hit a high of $104. What does that mean? It is trading above par. What does that mean? It is trading at a premium. What does that mean? Big Money is willing to pay more than face value for that bond, which is a bullish sign and indicator that something is brewing over in Chemtura Land.

Let's see some numbers right off of the FINRA Website:

Original Issue Information for HTRA.GA
Offer Price: $99.452 Offer Size* $500,000.00 Yield to Maturity: 6.950% Amount Outstanding* $500,000.00 Offer Date: 04/19/2006 Settlement Date: 04/24/2006 * dollar amount in thousands

Last Sale			Daily Trade Summary For HTRA.GA
Date	09/24/2009		High Price / Equivalent Yield	$104.000 / 6.13300%
Price	$104.000		Low Price / Equivalent Yield	$103.500 / 6.22300%
Yield	6.133%		Net Change (Price)	$1.500

Link to 2016 Bond Activity:

http://cxa.marketwatch.com/finra/BondCenter/BondDetail.aspx?ID=MTYzODkzQUE4

CEMJQ closed the trading day at .84 on a little over 2 million in trading volume today.