Kodak Stock Dives After Credit Line Is Tapped

Who know for whom the bell tolls...

Who know for whom the bell tolls...

The grim reaper has arrived, as of this post Kodak is down 60% to $0.60 per share.

Gary
 
The grim reaper has arrived, as of this post Kodak is down 60% to $0.60 per share.

Gary

Holy bad. We know what the outcome of this can be. Whatever happens, I hope it'll be good.

After +125 years of history and becoming a giant. The Yellow Father, who even became a culture icon. Might see it's end soon.

Unbelievable, really. :(
 
Unfortunately this is what happens when poor management is unable to transition a business with changing times. Very much a bummer.

Who would have guessed that GM and Kodak could have both potentially declared bankruptcy in a two year span. Amazing. Times keep on changing.
 
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