This play is about as straightforward as it gets. The Kodak blockchain project hasn't exactly hit the ground running, and the money has been pulling out. My previous play was taking a short position and target $6.8 - and it played out fantastic. This time around, the profits won't be so great, but I believe that we'll see KODK back to $3-$4 very soon.
Chart for a good ol' doctor I know out of NYC. Charted against KODK and DJIA. 1. We can see a failed attempt to break Fib resistance. From there we have a solid trend of consolidation followed by a nice shift up in moving average. 2. Looks to be a second attempt at bulls taking control. Moving average shows a gradual uptrend, while making a second attempt at...
Recent discussions about Kodak's involvement in blockchain should caution investors. Kodak is riding off the cryptomarket's hype to increase their stock price. I have no mathematical basis for my predicted price decline, but we'll the time play out and see what happens. I would caution anyone thinking into buying stock into Kodak solely based on familiarity with...
A little background into the new coin Kodak got behind: its main purpose is to use by paparazzi. "WENN proposes to launch KodakCoin as the native token of the KodakOne blockchain. What does KodakOne do? It trawls the web for unauthorized use of images that WENN holds the rights to. When the system finds a licensing violation, it will settle payments due to...
Thinking $KODK has some legs here. Green is risk/support, Red is reward/resistance. Simple trade-off for a 2-24hr swing.
KODK is circling the drain. Their balance sheet and quarterly income is very unimpressive; they don't look like the books of a company on a rebound but rather a company winding down operations. Q4 2014 they had $260m~ assets over liabilities, that number is down to a scant $75m~. During the same period, cost of revenue is down about 17% vs revenue being...