KODK had a massive run up on news, now we are seeing the sell off post news. It became extremely overbought and overextended beyond the bollinger band zone. I expect it to fall back to $18 before it can stabilize again. It had a 110M market cap before the news dropped of a 750M loan. On its run up to 60/share it became a 2.5 Billion market cap. A proper...
I predict pain for KODAK. Goodluck. KODK
Here’s a Thought! 30 July, 2020, by Vladimir Rojankovski, Senior Analyst, Grand Capital Eastman Kodak said yesterday it signed a letter of interest for almost $800 million loan from the U.S. International Development Finance Corporation. The company will use the money to ramp up the development of Kodak Pharmaceuticals, a division tasked with addressing a...
Not an analysis. Just for fun. Song by Pitbull
Head and shoulders. Nice parabolic run this morning. Levels to watch out for tomorrow will be $30.74 (first support) $26.55 (second support) and if we break those two zones then price will head back down to $17. Long this stock once it breaks $37.40
I bought a stock today at 15 and it went to 60. I sold it at 50, after 10 trading halts... for" buy order "imbalances. I wrote about this stock yesterday, here on Tradingview, when it last traded at 7.94 I have been trading for many years, i have never seen anything like this. The stock symbol is KODK. It closed today at 33.20, Up +318...
Higher Price rejection after spike on news Will most probably fill the gaps back down Gap #1 = 11,73 Gap #2 = 2,38 Watching!
Film lotto. Nothing technical in terms of strategy for this trade.
Happened before when Kodak came out with KodakCoin during the crypto craze, now with the pandemic, they are now rebranding towards pharmaceuticals. I dont know how regulators are sleeping on this but there is a pattern of shady stock activity here and nothing is being done about it. Going short expecting this to grind back to 5$ over the next few months
The Trump Administration is signing a Letter of Interest supporting a deal to transform Kodak into a pharmaceutical company that can help produce essential medicines in the United States. - Source: White House
BRIEF-DFC To Provide $765 Mln Loan To Eastman Kodak Co To Support Launch Of Kodak Pharmaceuticals July 28 (Reuters) - U.S. International Development Finance Corporation: * U.S. INTERNATIONAL DEVELOPMENT FINANCE CORPORATION - TO PROVIDE $765 MILLION LOAN TO EASTMAN KODAK CO TO SUPPORT LAUNCH OF KODAK PHARMACEUTICALS * DFC - KODAK PHARMA TO MAKE CRITICAL...
This one was an unexpected giant today. But all those robin hood traders allowed for a lot of liquidity to be taken advantage of. Ive got orders at the breakouts... $10.5ish and $4.5ish. Buy and Hold. All ideas are subject to change.
Measuring this asset out into a monthly falling wedge and anything past those purple lines is all irrational exuberance caused by intra day traders and FOMO buyers short squeezing the asset. However, given that we do not know what the future price or market cap of the company may be because we have no idea EXACTLY what drugs and what ingredients this company will...
I was thinking if this market could go further before todays close