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KODK - Eastman Kodak Company

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by StockJock-e, Mar 16, 2018.

  1. StockJock-e

    StockJock-e Brew Master
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    Eastman Kodak Company provides hardware, software, consumables, and services to customers in various markets worldwide. The company operates through seven segments: Print Systems; Micro 3D Printing and Packaging; Software and Solutions; Consumer and Film; Enterprise Inkjet Systems; Intellectual Property Solutions; and Eastman Business Park. It offers digital offset plate and computer-to-plate imaging solutions, and electro photographic printing solutions to a range of commercial industries, including commercial print, direct mail, book publishing, newspapers and magazines, and packaging. The company also provides flexographic printing equipment and plates, and related consumables and services, as well as printed functional materials and components; suite of software solutions for print production workflow, as well as print and managed media services; motion picture and industrial films, chemicals, and inks; and publishing, transactional, commercial print, and direct mail systems, as well as licenses Kodak brands to third parties, and consumer products. In addition, it offers intellectual property solutions; and leases technology center and industrial complex. The company sells its products and services through third party resellers and distributors, as well as directly and indirectly to enterprise accounts and customers. Eastman Kodak Company was founded in 1880 and is headquartered in Rochester, New York.

    [​IMG]
     
  2. StockJock-e

    StockJock-e Brew Master
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    KODK almost gave up all those bs blockchain gains
     
  3. Syynik

    Syynik Active Member

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    So, I actually heard the name *KODAK* in the news yesterday...
     
  4. emmett kelly

    emmett kelly Well-Known Member

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    up 500%. did i miss the advanced tweet?
     
  5. The Brontide

    The Brontide Active Member

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    Up over 1000%.

    Please understand my next statement is just a statement of fact. No other bias applied except to extrapolate some reasoning of this move.

    The largest shareholder is a devout Republican.
    And the move started two full days ahead of the announcement.

    Make of it as you wish.
     
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  6. emmett kelly

    emmett kelly Well-Known Member

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    anybody playing this? could gap in the morning.
     
  7. Syynik

    Syynik Active Member

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    I'm watching my friends buy in the 50's. Me? Nah.
     
  8. StockJock-e

    StockJock-e Brew Master
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    Well.. thank you Trump?
     
  9. StockJock-e

    StockJock-e Brew Master
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    Did everybody make lots of money today?

    Some poor guy went long above $50..

    upload_2020-7-29_15-4-23.png
     
  10. The Brontide

    The Brontide Active Member

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    I should post this in a couple more threads as it is very relevant to the times.

    https://www.ccn.com/something-stinks-kodak-insider-trading-not-executives/

    "The real spike in volume may have come from government staffers in-the-know about the loan. Given the size of the loan, which exceeded the company’s market capitalization at the time, it’s a good bet that shares would head up."

    All to make the pharma drug no doctor wants to prescribe.

    https://www.dailymail.co.uk/news/ar...pharma-company-began-month-bought-shares.html
     
  11. The Brontide

    The Brontide Active Member

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    TomB16 likes this.
  12. A55

    A55 Active Member

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    Now they get to make drugs. Something they never made before.


    Screenshot_20200729-003406.png
     
  13. StockJock-e

    StockJock-e Brew Master
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    If you loved it at $60, you gonna love it at $16 :D
     
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  14. The Brontide

    The Brontide Active Member

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    I dunno,..

    Looks like they are passing out a pile of the money as rewards prior to tooling up to make drugs prescribed by the president.

    https://on.mktw.net/2Xo3NMi
     
  15. The Brontide

    The Brontide Active Member

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    TomB16 likes this.
  16. TomB16

    TomB16 Well-Known Member

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    lmao!

    I wonder how many people are over-exposed on Kodak.
     
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  17. A55

    A55 Active Member

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    ,

    Screenshot_2020-08-01-20-42-18.png Screenshot_2020-07-30-00-07-26.png Screenshot_2020-08-01-20-24-34.png
     
  18. B Russ

    B Russ Active Member

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    Kodak's Government Loan Appears to Be on Hold. Expect More Wild Trading Ahead. -- Barrons.com
    8/8/20, 3:38 PM
    Investors in the former photography giant Eastman Kodak endured unreal stock market extremes in recent weeks. Now, a government tweet sent Friday evening could mean that the wild trading will continue Monday.

    The U.S. International Development Finance Corporation, or DFC, tweeted that a loan due to Kodakappears to be on hold for now.

    The "letter of interest" in the tweet refers to a $765 million loan Kodak (ticker: KODK) will use to start a new business segment producing pharmaceutical ingredients.

    Kodak isn't in the drug business, and the surprise decision sent Kodak stock up 1,167% in two days beginning July 28. Shares briefly touched $60, before trading back to $14.88, down more than 75% from their 52-week high set on July 29.

    Investors, after the initial surge of euphoria, had to decide how to value the new pharma business. What's more, a stock pop on July 27, before the loan decision was officially disclosed, brought scrutiny from the Securities and Exchange Commission and government officials.

    The scrutiny led Kodak to form a board level committee to look at the news disclosure process. News of the new committee appears to have been disclosed just before the DFC tweet.

    The DFC followed up in a subsequent tweet that the agency remains " committed to working together with other government agencies to address critical shortfalls in America's pharmaceutical supply chain."

    Many pharmaceutical active ingredients, or APIs, are manufactured overseas.

    Kodak and DFC personnel weren't immediately available to comment on the board committee or DFC tweet.

    Kodak stock wasn't trading after hours on Friday. Investors can expect volatility Monday. Year to date, Kodak stock remains up 220%, far better than comparable returns of the S&P 500 or Dow Jones Industrial Average over the same span.

    Write to Al Root at [email protected]

    (END) Dow Jones Newswires
    08-08-20 1638ET
    Copyright (c) 2020 Dow Jones & Company, Inc.
     
  19. B Russ

    B Russ Active Member

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    Full disclosure. I chased this all the way! It Popped to $60ish, dropped to $15. Thats when i decided it was uber smart to do a put. Fml. Its 50% red atm. Friday expiry.
    I also have a put on NKLA fyi. I will update the journal....its a loss for the time being. And when i say (A) i do mean one single contract . For both.
     
  20. A55

    A55 Active Member

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    Screenshot_20200808-152844.png Screenshot_20200808-152616.png
     
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