RObert Budding
D'oh!
There can't be a long list of potential acquirers. Ilford wanting to add color film to their offerings? But surely they are too well run to overpay.
Any Kodak News?
- Thread starter Ted Striker
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There can't be a long list of potential acquirers. Ilford wanting to add color film to their offerings? But surely they are too well run to overpay.
Ted Striker
Well-known
Something is REALLY going on with Kodak. Again, the price of stock is SURGING. Up 30% the past week and 75% the past month. This is a huge move to the upside. I know that there are some large purchases from executives but I still think someone is going to buy Kodak. The business numbers don't justify a near doubling of the stock price is just a few months.
Calzone
Gear Whore #1
Ted,
Thanks for starting this thread. I find it very interesting.
The price moves are mighty big. Something is going on. I tend to agree with you that a buy-out is most likely probable. The insider trading also supports this.
Cal
DanskDynamit
Well-known
stock prices has been going DOWN since new years. The bubble has burst.
Dan
Let's Sway
Look at the longer year-to-year trend, it's the Grand Tetons in a graph.
Ted Striker
Well-known
Calzone
Gear Whore #1
Ted,
I agree. Something big is happening. These are big moves. Expanding the charts does not lie.
Cal
DanskDynamit
Well-known
As I said, after a week the stocks are falling 30%, do you like this trend Ted? looks like a week is enough to call it a massive move up, here you have a massive move down. 😉
its good you guys (calzone and saul) are not traders 😀
Calzone
Gear Whore #1
Dan,
Not currently trading, but back in 2004-2007 I did mighty well trading oil stocks with all the volatility back then. This was in a margin account so basically the only difference between me and a hedge fund was one zero, where they used 30 to one leverage, and I was limited to only 3 to one leverage.
I sold and closed my positions when oil first hit $135.00 a barrel. Later that afternoon it blew a top at $147.00 and it was "look out below."
Look up "Regression to the mean" and "pivot point analysis." These two fundamental principles made me a lot of money. Simple math.
BTW I was more of a position and swing trader because of taxes. My capitol gains were kinda big.
Cal
valdas
Veteran
Ted, have you figured out the answer to your previous question about the Kodak share price plunge? Maybe current rise has the same answer? 🙂
Ted Striker
Well-known
I have no inside information to Kodak and because of that, I dont trade the stock.
That said, I pocketed a quick $500 trading on my iPhone this morning.
valdas
Veteran
Nobody with the possession of inside information (material and nonpublic) should be involved in any trading activities - that would be a crime. I was not suggesting that. Not all significant share price movements are explained by existing or upcoming material events (such as M&A activities) or company performance and fundamentals in their financial statements. Ever heard or "random walk theory"?
Ted Striker
Well-known
My retirement money trades under the random walk theory. My day trading money trades under my direction.
Ronald M
Veteran
Pump and dump. I.e. keep driving the price up and suckers buy in, then sell off what you own.
Oldest scheme going
Oldest scheme going
Ted Striker
Well-known
Nonsense. I have been following Kodak's stock for 5 years. Moves like this are exceptionally rare (almost unheard of with Kodak) and have far more meaning than the simple thought you expressed.
Anyone who has any experience trading knows that there is now "sure thing" when it comes to the stock market. The move obvious moves are beyond transparent and are made for suckers. It takes huge money to move a stock price up 30+% in just a few weeks. That's institutional level of money and they are not composed of suckers.
Dan
Let's Sway
Most ironic statement of 2020 (so far). The S&P index consistently beats 4/5ths of all money managers. But of course you knew that.
Ted Striker
Well-known
Of course I knew that. 75% of my retirement money is in an S & P 500 index fund.
That does not negate what I said. That a fund manager can't be the S & P does not then place them in the sucker category.
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