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re: Kodak is SOARING. $2 on Tuesday.... over $50 this morning...closed at $33

Posted on 7/29/20 at 10:43 am to
Posted by supadave3
Houston, TX
Member since Dec 2005
30263 posts
Posted on 7/29/20 at 10:43 am to
Well god dang it, there went my chance to be rich.
Posted by audioaxes1
Member since Jul 2019
233 posts
Posted on 7/29/20 at 10:49 am to
lol jail? this obvious insider stuff has been going on for months now... clearly the SEC doesnt care anymore
Posted by cgrand
HAMMOND
Member since Oct 2009
38820 posts
Posted on 7/29/20 at 11:47 am to
Top increases in # users holding for stocks held by Robinhood traders today:

1. $KODK: +21859
2. $OCGN: +9754
3. $GE: +9493
4. $MRNA: +9242
5. $PFE: +4776
6. $INTC: +3064
7. $ATNM: +2330
8. $APHA: +2323
9. $SPPI: +2236
10. $AMD: +2006

Posted by jlovel7
Louisiana
Member since Aug 2014
21321 posts
Posted on 7/29/20 at 1:00 pm to
It’s back up in the high 40s
Posted by supadave3
Houston, TX
Member since Dec 2005
30263 posts
Posted on 7/29/20 at 1:15 pm to
I could have retired today but Casterho talked me out of the 3 shares I was going to buy at $18.

Dang it, I snoozed, I losed.
Posted by castorinho
13623 posts
Member since Nov 2010
82033 posts
Posted on 7/29/20 at 1:26 pm to
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 7/29/20 at 1:38 pm to
And trading is halted again. The sell orders overwhelmed the buy orders causing the price to drop several dollars in less than 20 seconds creating a situation where there were no bids. None.
Posted by WylieTiger
Member since Nov 2006
12958 posts
Posted on 7/29/20 at 1:44 pm to
Too bad I didn't by $10000 worth of 5 dollar calls on Monday morning. Good grief.
Posted by LChama
Member since May 2020
1653 posts
Posted on 7/29/20 at 1:57 pm to
quote:

Why I didn't buy yesterday at 2.62 when money board dropped the info yesterday. Crap.


I bought at 8.60 and sold at 10 yesterday. Totally missed this freakshow
Posted by TheChosenOne
Member since Dec 2005
18521 posts
Posted on 7/29/20 at 2:29 pm to
quote:

And trading is halted again. The sell orders overwhelmed the buy orders causing the price to drop several dollars in less than 20 seconds creating a situation where there were no bids. None.




Posted by cgrand
HAMMOND
Member since Oct 2009
38820 posts
Posted on 7/29/20 at 2:43 pm to
quote:

Shares of Kodak (NYSE: KODK) have risen 1500% since the news broke on Tuesday morning that the company was awarded a $765 million Defense Production Act loan from the U.S. government to ramp up domestic production of key pharmaceutical ingredients, the first loan of its kind. The surge in the stock price has raised scrutiny on stock purchases made by CEO James Continenza on June 23rd, just over a month before the transformative government deal was announced.

In the transactions, Mr. Continenza bought 46,737 shares at an average price of $2.22 per share, suggesting a paper profit of around $1.9 million from the transaction.

In response to questions about the timing of the purchase, a representative from Kodak said the purchases "are a continuation of Jim Continenza’s ongoing, regular investments in Kodak and are in full compliance with regulatory guidelines for investment activity."
Posted by JDPndahizzy
JDP
Member since Nov 2013
6446 posts
Posted on 7/29/20 at 2:50 pm to
quote:

In the transactions, Mr. Continenza bought 46,737 shares at an average price of $2.22 per share, suggesting a paper profit of around $1.9 million from the transaction.

Wish I would have known June 23rd!!!!!
Posted by cgrand
HAMMOND
Member since Oct 2009
38820 posts
Posted on 7/29/20 at 4:06 pm to
Top increases in # users holding for stocks held by Robinhood traders today:

LINK

1. $KODK: +85726
2. $KNDI: +9430
3. $HTBX: +5900
4. $GE: +5415
5. $NFLX: +4263
6. $AMD: +4046
7. $TUP: +3786
8. $BOXL: +3354
9. $ARLO: +3235
10. $ALEC: +3179
Posted by BZ504
Texas
Member since Oct 2005
9461 posts
Posted on 7/29/20 at 4:34 pm to
KNDI is up 240% today.
Posted by CenlaLowell
Alexandria, la
Member since Apr 2016
1015 posts
Posted on 7/29/20 at 4:43 pm to
quote:

shite like this either makes you a millionaire or jumping out of a high rise


This
Posted by bayoubengals88
LA
Member since Sep 2007
18945 posts
Posted on 7/29/20 at 5:16 pm to
quote:

There must be an insane amount of people jumping on the Kodak train

How much does that train weigh with all those people?!

Too bad we can't number the individuals!! That would be much easier.
Posted by HailToTheChiz
Back in Auburn
Member since Aug 2010
48976 posts
Posted on 7/29/20 at 6:06 pm to
Real question: who are the folks losing money on this ?
Posted by C
Houston
Member since Dec 2007
27824 posts
Posted on 7/29/20 at 6:12 pm to
Continents already owned 600k shares. His purchase was regular.
Posted by Got Heeem
Georgia
Member since Sep 2012
3631 posts
Posted on 7/29/20 at 6:14 pm to
I came out with a nice profit. Sold at $22. Wish I would have hung on longer.
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