Eastman Kodak, was granted a $750 million dollar loan today from the Federal Government, to manufacture ingredients for "generic" drugs here from here in the United States.
The agreement was hailed tonight by the President, as a giant step towards bringing manufacturing in prescription drugs back to the US.
Listen to these stats for Kodak, for decades a blue chip company in the Dow Jones Industrial Average.
KODK was trading yesterday at $2.13 a share.
Today it rose over 200%, to close at 7.94, on 283 million shares, notably a 1000% increase in volume, showing institutional Buy side Accumulation in the stock.
Tonight, after Trump's comments it is up another 60%, trading near $13.00 a share.
THE_UNWIND 7/28/20 NEW YORK
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7/29/20 9;10 am
For those paying attention, Eastman Kodak is up another $9.00, a 118 % gain overnight., 17.35 Last
1 Minute Point and Figure Projection" is Bullish to $29.50 !
THE_UNWIND
17.00 Last
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7/29/20 1005 am
Eastman Kodak (KODK) 24.27 Last Trading Halted Order Imbalance /Buy Side.
THE_UNWIND NEW YORK
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7/29/20 1015 am Eastman Kodak 30.80 Last
Trading Halted Again Order Imbalance.
THE_UNWIND NEW YORK
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7/29/20 1020 am
Eastman Kodak $36.00 Last Trading Halted. Oder Imbalance
THE_UNWIND NEW YORK
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Correction: Order Imbalance
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7/29/20 1026 am Eastman Kodak 43.45
Trading Halted Again. Order Imbalance
THJE_UNWIND NEW YORK
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7/29/20 1033 am Eastman Kodak 50.60 Last
Trading Halted. Order Imbalance
THE_UNWIND NEW YORK
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Sold at $50.60. 405 % Return o Position Closed.
Note :\ This was my own analysis. across the board on Eastman Kodak Never Trading Advise as.per site protocol.Remember that !
Do your own Analysis. Profit when you see "BIG OPPORTUNITY"
Trump 2019/20 for stocks is like McAfee for crypto shitcoins 2017/18
Hhahah
Trendbeat
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Isn't there like a hard cap at how much a stock can rise so quickly befor being halted trading?
Or is this just on the way down?
LOL.
Stocks these days are acting liken Crypto shitcoins.
Who are the fools buying into this candle...
These "institucional investors" have the same emotional profile as 13yr old crypto moon boys.