Eastman Kodak Popping

Discussion in 'Industry News' started by RattyMouse, Jun 10, 2016.

  1. RattyMouse

    RattyMouse Member

    Messages:
    5,759
    Joined:
    Oct 18, 2011
    Location:
    Ann Arbor, Mi
    Shooter:
    Multi Format
    Anyone check Eastman Kodak's stock price lately? It's up 50% in the last 3 months! That's waaay above average performance. I wonder what is going on with their business to warrant such a huge increase in stock price.

    Not sure it's film related but still interesting to see the health of the parent company of Kodak Alaris doing well.
     
  2. kuparikettu

    kuparikettu Member

    Messages:
    146
    Joined:
    Apr 10, 2012
    Location:
    Tampere, Fin
    Shooter:
    Multi Format
  3. Ektagraphic

    Ektagraphic Member

    Messages:
    2,935
    Joined:
    Feb 3, 2009
    Location:
    Southeastern
    Shooter:
    Medium Format
    As a shareholder and lover of their films, it certainly makes me happy
     
  4. Richard S. (rich815)

    Richard S. (rich815) Member

    Messages:
    4,959
    Joined:
    Jan 14, 2003
    Location:
    San Francisco
    Shooter:
    Multi Format
  5. OptiKen

    OptiKen Member

    Messages:
    992
    Joined:
    Oct 31, 2013
    Location:
    Orange County
    Shooter:
    Medium Format
    Yes, it's unfortunate but their revenues are actually down more than 10% this quarter compared to last year this time
     
  6. Richard S. (rich815)

    Richard S. (rich815) Member

    Messages:
    4,959
    Joined:
    Jan 14, 2003
    Location:
    San Francisco
    Shooter:
    Multi Format
    Ouch. 3.4% down today...
     
  7. mrred

    mrred Member

    Messages:
    1,255
    Joined:
    Mar 8, 2009
    Location:
    Montreal, Ca
    Shooter:
    Multi Format
    lol.....It might have something to do with a 5 pack of tmy costing $40.......not too long ago it was $21.....
     
  8. OP
    OP
    RattyMouse

    RattyMouse Member

    Messages:
    5,759
    Joined:
    Oct 18, 2011
    Location:
    Ann Arbor, Mi
    Shooter:
    Multi Format
    Them and the whole market!
     
  9. Richard S. (rich815)

    Richard S. (rich815) Member

    Messages:
    4,959
    Joined:
    Jan 14, 2003
    Location:
    San Francisco
    Shooter:
    Multi Format
    No, Dow down less than 1%, same with S&P 500.
     
  10. mshchem

    mshchem Member

    Messages:
    1,965
    Joined:
    Nov 26, 2007
    Location:
    Iowa City, Iowa USA
    Shooter:
    Medium Format
    Since December of 2016 Kodak (KODK) has dropped from 17 USD / share to 5.45 USD. Insiders dumped their stock 1st qtr. of this year. Stock is being accumulated by hedge funds. Could be broken up?
    Best Mike
     
  11. jnanian

    jnanian Advertiser Advertiser

    Messages:
    24,362
    Joined:
    Jun 21, 2003
    Location:
    paswonquitte
    Shooter:
    Multi Format
    LOL
    i was thinking its probably because a 50 sheet box of 4x5 tmax is like 100-140$
     
  12. mshchem

    mshchem Member

    Messages:
    1,965
    Joined:
    Nov 26, 2007
    Location:
    Iowa City, Iowa USA
    Shooter:
    Medium Format
    Kodak stock is in the basement. When the market cap. gets this low don't be surprised if it gets bought out, goes private and gets broken up. To me this is scary.
    Mike
     
  13. mshchem

    mshchem Member

    Messages:
    1,965
    Joined:
    Nov 26, 2007
    Location:
    Iowa City, Iowa USA
    Shooter:
    Medium Format
    Do you still hold Kodak? The drop in the last few weeks is bad. If you look at the ownership, lots of Hedge fund ownership. Makes me nervous
     
  14. Sponsored Ad
  15. railwayman3

    railwayman3 Member

    Messages:
    2,546
    Joined:
    Apr 5, 2008
    Shooter:
    35mm
    Not directly relevent, but just browsing around the Eastman Kodak website (from UK) and I cannot find any reference at all to consumer or professional film (i.e. 120 or 35mm). A lot of gimmicky (IMHO) stuff, though. And not really a very exciting or well-presented site.
     
  16. Anon Ymous

    Anon Ymous Member

    Messages:
    2,031
    Joined:
    Feb 7, 2008
    Location:
    Greece
    Shooter:
    35mm
    Groups:
    Look at the Kodak Alaris website instead.
     
  17. pentaxuser

    pentaxuser Subscriber

    Messages:
    9,961
    Joined:
    May 9, 2005
    Location:
    Daventry, No
    Shooter:
    35mm
    We have a Kodak Popping thread and now a separate Kodak Tanking thread. Might it make sense to combine as say; Kodak popping in 2016, now tanking in Autumn 2017 or some such title as the popping thread has metamorphosed into a tanking thread but we already have a tanking thread.

    I'll stop writing now as my above paragraph is beginning to sound like a Monty Python sketch :D

    Just a thought

    pentaxuser
     
  18. Theo Sulphate

    Theo Sulphate Subscriber

    Messages:
    4,960
    Joined:
    Jul 3, 2014
    Location:
    Gig Harbor & Palm Springs
    Shooter:
    Multi Format
    'as it got any spam in it?
     
  19. pentaxuser

    pentaxuser Subscriber

    Messages:
    9,961
    Joined:
    May 9, 2005
    Location:
    Daventry, No
    Shooter:
    35mm
    Nice one. I am not sure as I've moved on to the dead parrot sketch :D

    pentaxuser
     
  20. faberryman

    faberryman Subscriber

    Messages:
    2,089
    Joined:
    Jun 4, 2016
    Location:
    Nashville
    Shooter:
    Multi Format
    Kodak stock price not looking so good over the past 12 months:

    kodak.jpg
     
  21. OP
    OP
    RattyMouse

    RattyMouse Member

    Messages:
    5,759
    Joined:
    Oct 18, 2011
    Location:
    Ann Arbor, Mi
    Shooter:
    Multi Format
    Kodak's stock price has shown good resistance to falling below $5/share. However, tomorrow Kodak reports earnings and if the news is not good, that support level may give way. Remember, there is a very large number of shares of this stock being held short, which is a bet that they are going to go down in price. Who will win, the share holders or the short sellers??
     
  22. wy2l

    wy2l Member

    Messages:
    189
    Joined:
    Feb 21, 2006
    Location:
    Billerica
    Shooter:
    Medium Format
    Yes Sir! Great time to buy Kodak, GE, IBM, JC Penny, and Sears! Load up now!
     
  23. OP
    OP
    RattyMouse

    RattyMouse Member

    Messages:
    5,759
    Joined:
    Oct 18, 2011
    Location:
    Ann Arbor, Mi
    Shooter:
    Multi Format
    GE isnt going anywhere, but the rest, I'd never put serious money on.
     
  24. Sirius Glass

    Sirius Glass Subscriber

    Messages:
    26,977
    Joined:
    Jan 18, 2007
    Location:
    Southern California
    Shooter:
    Multi Format
    Groups:
    Do not forget Polaroid and Xerox!
     
  25. cmacd123

    cmacd123 Subscriber

    Messages:
    1,887
    Joined:
    May 24, 2007
    Location:
    Stittsville, Ontario
    Shooter:
    35mm
    not sure about if the new Polaroid will be listed, but Xerox is still around as NYSE: XRX
     
  26. Alan Johnson

    Alan Johnson Subscriber

    Messages:
    1,915
    Joined:
    Nov 16, 2004
    I believe KODK is mainly a commercial printing and imaging company these days so the 25%+ fall in its share price today is not a reflection on the profitability of its silver gelatin coating operation which apparently comprises only a small part of its market capitalisation.
    https://www.stockopedia.com/share-prices/eastman-kodak-co-NYQ:KODK/
     
  1. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
    By continuing to use this site, you are consenting to our use of cookies. If you have a Photrio account, please log in (and select 'stay logged in') to prevent recurrence of this notice.
,