Not sure why there is so much chatter about another buyer for Huntsman.
I am long and like the company, but really doubt they've been trying to sell the company with this litigation going on. This would have required all of their focus and likely any potential buyers would be taking a wait and see attitude.
Would be nice if it happened, but would absolutely not be making my investment decision based on this hope.
I'm long as well @6.17 but the OP nailed it- its just pure speculation with nothing more than a hunch to back it up. In light of the settlement, which was concluded very abruptly and for a seemingly paltry sum (given the perceived strength of their argument), I guess one could assume they may have something lined up and want to end the litigation as quickly as possible. I do know the Huntsman family wants out however.
Still, there are reasons to hold this stock at these levels, regardless of any potential buyout. Credit upgrade for starters, flush with cash, the stalwart in a beaten up sector. I hold it for the fundamentals- any buyout speculation is just icing on the cake.
The bottom line is they (the Huntsman family) want to sell the company. I am sure they have at least had conversations with potential buyers. Now that the litigation is over and the balance sheet is cleaned up, they can move forward with negotiations to see if price/terms can be agreed upon.
I hope you're right on the 18 month double, as that means I'll make a lot of money on all types of cyclical and other growth stocks in an expanding global economy. Cuz a nicely expanding global economy is the only way to get HUN to a real upside cycle, and that, my friend, would lift all boats.