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Kodak Halted 10 Times As Stock Explodes Higher Amid Flood Of Retail Buying

 
Anonymous Coward
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07/29/2020 10:47 AM
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Kodak Halted 10 Times As Stock Explodes Higher Amid Flood Of Retail Buying
Yesterday morning we reported that the formerly giant and now tiny Kodak had received a $765m loan from the government to shift to producing chemicals needed for local production of generic medicines, a step taken to ensure that the US is no longer solely reliant on China and India for such inputs, and which sent the stock sharply higher on Tuesday, we had a simple question: why was the stock not much higher: after all with a market cap of just a few hundred million, this stock was about to be a call option on a US-government funded shift to non-China supply chains. And sure enough, we asked as much well before today's market open, when the stock was trading at around $13/share.

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Anonymous Coward
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07/29/2020 12:00 PM
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Re: Kodak Halted 10 Times As Stock Explodes Higher Amid Flood Of Retail Buying
47 percent since last week

33.80 USD +25.85 (325.16%)
Jul 29, 12:00 PM EDT
Clon

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07/29/2020 01:54 PM

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Re: Kodak Halted 10 Times As Stock Explodes Higher Amid Flood Of Retail Buying
CEO of Kodak buys 46,737 shares at $2.22/share on the 6/23.


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Last Edited by Clon on 07/29/2020 01:56 PM
Anonymous Coward
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07/29/2020 01:56 PM
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Re: Kodak Halted 10 Times As Stock Explodes Higher Amid Flood Of Retail Buying
How many shares did Kushner snatch up?
Anonymous Coward
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07/29/2020 01:57 PM
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Re: Kodak Halted 10 Times As Stock Explodes Higher Amid Flood Of Retail Buying
kodak? But why?
Anonymous Coward
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07/29/2020 02:01 PM
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Re: Kodak Halted 10 Times As Stock Explodes Higher Amid Flood Of Retail Buying
kodak? But why?
 Quoting: Anonymous Coward 39516942


Htq I think they are a manufacturer or something
wisconsin

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07/29/2020 02:52 PM

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Re: Kodak Halted 10 Times As Stock Explodes Higher Amid Flood Of Retail Buying
.
... manufacturing CHEMICAL INGREDIENTS to use for drug manufacturing seems like an AWESOME fit!!!! ...
.
... kodak NOT part of the pharmaceutical cabal! ...
.
.

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Grove Street

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07/29/2020 02:56 PM
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Re: Kodak Halted 10 Times As Stock Explodes Higher Amid Flood Of Retail Buying
kodak? But why?
 Quoting: Anonymous Coward 39516942


kodak/eastman used to be chemical suppliers for a long time..

NAFTA and the clintons and others shipped a lot of chemical manufacturing to China in the 90's.

we lost USA chemical manufacturing in droves.

bring back USA chem manufacturing..

good news and jobs for chemists and engineers

plus the chinese make shitty impure chemicals.. lousy quality control.

even India makes better chemicals
Grove

And this is why we can't have nice things.
Anonymous Coward
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07/29/2020 05:58 PM
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Re: Kodak Halted 10 Times As Stock Explodes Higher Amid Flood Of Retail Buying
47 percent since last week

33.80 USD +25.85 (325.16%)
Jul 29, 12:00 PM EDT
 Quoting: Goneviral


CEO of Kodak buys 46,737 shares at $2.22/share on the 6/23.


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 Quoting: Clon


How many shares did Kushner snatch up?
 Quoting: Anonymous Coward 79202709


Whats left? Lol
Anonymous Coward
User ID: 21741449
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07/29/2020 05:58 PM
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Re: Kodak Halted 10 Times As Stock Explodes Higher Amid Flood Of Retail Buying
.
... manufacturing CHEMICAL INGREDIENTS to use for drug manufacturing seems like an AWESOME fit!!!! ...
.
... kodak NOT part of the pharmaceutical cabal! ...
.
 Quoting: wisconsin


TTTHHHIIISSSS!!!!





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