Eastman Kodak Popping

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

  1. OP
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    RattyMouse

    RattyMouse Member

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    Kodak is TRYING to be a printing company. They are not succeeding at that. Film sales cannot sustain Kodak. That's very clear.
     
  2. pentaxuser

    pentaxuser Subscriber

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    In U.K. phraseology "popping" might at least indicate exploding as in blowing itself up, so many British readers might not see a contradiction with the "tanking" thread but it still seems ridiculous to have both threads almost next to each other especially in view of the news of the last few days

    Mods, isn't it time we at least altered this title so that it does not appear that Kodak shares are both getting better and much worse at the same time

    pentaxuser
     
  3. railwayman3

    railwayman3 Member

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    Looks like the stock fell about 29% yesterday (Thursday), now $3.67 !
     
  4. Yesterday and today most stocks are dropping. Evidently the stock market does not like the proposed tax plans.
     
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    RattyMouse

    RattyMouse Member

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    Most stocks fell about 1% or less, not the 28% Kodak fell. Investors bailed on Kodak in a big way, as they have been doing all year long (-80% in the trailing year).
     
  6. Photo Engineer

    Photo Engineer Subscriber

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    Evidently, the big investors don't like the delay in passing the tax plan, according to the news.
     
  7. trendland

    trendland Member

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    Ratty - the stock ALLWAYS has nothing to do with the situation of a company today.
    It has only to do with the future and with results in the past (sometimes in the far behind)
    To be correct I have to state "with the changing of the perspective"
    So it might be analysts say to Kodak : "They possibe faile with all there plans"
    This analyst coment to Kodak is basis of the stock pricing.
    Now they might say :"We're not so sure - perhaps Kodak will not faile with just two of their plans - we have doubts remaining : But in concern of the relative low course we are raiting Kodak at "strong buy" till a course of $ 5,90 !!!!"
    This coment of Goldman Sachs could double the pricing in very short time.
    Now it is on you RattyMOUSE !

    STRONG BUY - did you notice !
    with regards