Kodak Stock Down to $5.45

[RattyMouse]

More bad news for Kodak: Moody's has downgraded Kodak bonds and the company outlook from STABLE to NEGATIVE. Kodak's bond rating is firmly in junk territory with a B3 rating (Judged as being speculative and a high credit risk). Moody's believes that there is a heightened risk of a second bankruptcy for Kodak. This is due to the fact that Kodak's largest business (printing) is shrinking along with margins and revenue. No mention whatsoever in the report about Kodak's film business. It is that irrelevant to Kodak's core business and future.

https://www.moodys.com/research/Moo...mV3c19BbGxfRW5n~20171117_PR_375564&yptr=yahoo

 

[RattyMouse]

I bought 8 shares of Kodak yesterday and so far am up $1.66 on the deal! Dare I hold on any longer?

 

[mshchem]

I bought 8 shares of Kodak yesterday and so far am up $1.66 on the deal! Dare I hold on any longer?

I rode the Ektachrome rally for a day, sold, made $150. I'm now just about even from what I lost in 1 day. You high rollers can have all the fun.

 

[RattyMouse]

I rode the Ektachrome rally for a day, sold, made $150. I'm now just about even from what I lost in 1 day. You high rollers can have all the fun.

I should have sold off this morning. Kodak stock is down today and my losses so far are $0.60. I'm still up a whole $1.

 

[alanrockwood]

KODK closed at $3.53 on Nov. 22, and is trading down in after hours trading. The general trend in share price over the course of almost two years is strongly down, currently trading at less than 10% of its peak.This is worrying because, not only is the trend line down, but at a current share price of under $4 it is starting to look like a lot like a "penny stock".

 

[AgX]

see post #87

 

[Nodda Duma]

Meanwhile my oil stocks are treating me well.

I wouldn't put money into Kodak now. Not with the risk of bankruptcy looming and their continued inability to demonstrate adaptation to changing markets (except in film). This combined with poor customer service (except for the film-friendly Hollywood directors that they suck up to) tells me they haven't lost the corporate arrogance that doomed them in the 90s. It's sad, actually, that they don't understand their branding means very little today and needs to be rebuilt.

 

[Lachlan Young]

see post #87

That would require some people to exhibit basic reading comprehension & thought...

 

[Ai Print]

Using some Tmax 400 on family pics today. Sure hope Kodak films stick around because a lot of people on this site really love them and even a few of us depend on them for our careers.

 

[RattyMouse]

Meanwhile my oil stocks are treating me well.

I wouldn't put money into Kodak now. Not with the risk of bankruptcy looming and their continued inability to demonstrate adaptation to changing markets (except in film). This combined with poor customer service (except for the film-friendly Hollywood directors that they suck up to) tells me they haven't lost the corporate arrogance that doomed them in the 90s. It's sad, actually, that they don't understand their branding means very little today and needs to be rebuilt.

As work died down yesterday, I asked some of the younger kids in the lab where I work an interesting question. I asked, what pops into your mind when you hear the word Kodak? These were millennials. 5 out of the 6 drew a blank. They had nothing to say. One said, "bankruptcy".

As each year goes by, Kodak's brand becomes more worthless to the general public.

 

[fdonadio]

They had nothing to say. One said, "bankruptcy"

Every time I talk to anyone who isn’t into photography — finding someone who’s into film is a miracle — and mention I shoot film, they ask: “where do you get film now that Kodak went bankrupt?”

 

[Ai Print]

And as I talk to and mentor several dozen millenials and whatever the younger generation is called per year, all of them not only know you can get film but love Kodak’s presence on social media.

None of them are interested in stocks or other capitalist minded approaches to life either as they can clearly see that investing in one’s self and building social capitol is the way to build a future that is fair to everyone.

I have gotten over two dozen people to buy and use film this year, be it as small as it is, it matters to me and that is all that matters.

 

[AgX]

As work died down yesterday, I asked some of the younger kids in the lab where I work an interesting question. I asked, what pops into your mind when you hear the word Kodak? These were millennials. 5 out of the 6 drew a blank. They had nothing to say. One said, "bankruptcy".

As each year goes by, Kodak's brand becomes more worthless to the general public.

The same with Agfa.
But if one checked popular media over the last years one would have realized that the term Polaroid was more popular.

 

[aleckurgan]

The same with Agfa.
But if one checked popular media over the last years one would have realized that the term Polaroid was more popular.

That's becasue most people use the word Polaroid as a term for instant photography in general and not as a brand name. And that in turn is becasue Polaroid was so effective at suppressing competition throughout their history.

 

[Alan Edward Klein]

Don't buy their stock. Buy their film, freeze it, and then when the value goes up when people can't get it from Kodak, you can sell it for lots of money.

 

[AgX]

Ah, that is what they call "Alternative Investment"...

 

[Sirius Glass]

Every time I talk to anyone who isn’t into photography — finding someone who’s into film is a miracle — and mention I shoot film, they ask: “where do you get film now that Kodak went bankrupt?”

Mention Kodak to most adults and there is a delay before they speak since it take a while for their brain to find a Kodak reference in their brain. It is buried in long term storage beneath the cobwebs.

 

[fdonadio]

Mention Kodak to most adults and there is a delay before they speak since it take a while for their brain to find a Kodak reference in their brain. It is buried in long term storage beneath the cobwebs.

Yes, I think most of the times I get strange looks or uninformed remarks, I’m talking to people of my age (I’m 40). I haven’t talked to young people about film.

At least over here, technology has dominated all aspects of life. People in Brazil love technology, except for automatic transmissions in cars.

 

[RattyMouse]

Yes, I think most of the times I get strange looks or uninformed remarks, I’m talking to people of my age (I’m 40). I haven’t talked to young people about film.

At least over here, technology has dominated all aspects of life. People in Brazil love technology, except for automatic transmissions in cars.

It's getting harder and harder to buy a manual gear box car here in the States. I've never owned a car with an automatic and god willing never will. I just bought a new car last month and thankfully, Ford offered a model that doesnt even have an auto as an option! (Focus ST).

 

[Mackinaw]

It's getting harder and harder to buy a manual gear box car here in the States. I've never owned a car with an automatic and god willing never will. I just bought a new car last month and thankfully, Ford offered a model that doesnt even have an auto as an option! (Focus ST).

I had a ride in an ST recently. Fast car!

Jim B.

 

[mshchem]

except for automatic transmissions in cars.

I've been to Brazil 3 times, I love that every car I was in had a manual transmission. Americans need automatics so we can drink, eat, text and try to drive. I have never had a better time. One important word. Churrascaria. NOTHING in the US can compare. I remember several but one in Joinville Great!
Best Mike

 

[Sirius Glass]

The National Safety Council advises that one not drink and drive. One might hit a bump and spill the whole thing.

 

[Ai Print]

I have a 6 speed manual with a short shifter in a highly modified and supercharged truck and a 7 speed DSG automatic with paddle shifters in an aftermarket tuned and turbocharged Audi S4. There is no way in any life I could shift that manual as fast or accurately as I can those paddles on the Audi.

I love manual transmissions too but a good well maintained high dollar German DSG trans is just mind blowing better in every way. There is a reason Formula One went that type long ago, I wish the truck had it.

 

[fdonadio]

I've never owned a car with an automatic and god willing never will.

I've been to Brazil 3 times, I love that every car I was in had a manual transmission.

I don’t really care about driving a car with manual transmission, but I prefer automatic. For me, a car is just a tool that takes me to wherever I wanna go.

One important word. Churrascaria. NOTHING in the US can compare.

Did you try coxinha?

 

[EdSawyer]

Which S4? B7? If its' the B8 that is supercharged, not turbocharged. DSG is ok, until it breaks, then it's a bloody expensive fix. I'll still take 6MT. It's smoother off the line and in traffic than the DSG (which admittedly can do nice rev-matching and shift faster). I don't think you can skip gears in the DSG either (say, a 4->2 downshift) but given how quick it is to shift it might be a non-issue.

F1 uses transmissions different than the VAG DSG design, significantly. Most things that F1 does don't apply much (if at all) to street cars.