I am trying to color grade some BMPCC footage and have not been able to figure out how to link the footage from Premiere CS5.5 to Speedgrade. Is this possible?
Direct Link became possible in CS6 as far as I know. Before then, you would have to do an export from Premiere and import the footage into SpeedGrade.
Premiere Pro CS6 had what was called 'Send to Adobe SpeedGrade...' intead of 'Direct link to Speedgrade' which came with the CC version. However, you are correct in saying that CS 5.5 didn't had that option.