Eastman Kodak: the megashort company that won't be bought

[GordonTheGekko]

http://investor.kodak.com/phoenix.zhtml?c=115911&p=irol-newsEarnings

The executive team is INCREASING debt so it's unattractive for a takeover!!!!!!!!!!!!!!!!!!!

George Eastman is rolling in his grave, IMO.

 

[J Ski]

So you're the one that shorted em at .78 cents.
You rascal
AHA

 

[GordonTheGekko]

I was in and out of shorts since it was at $5... Last cover was at $2.something.

 

[newguy05]

sad story, another american company that led innovation went down the tubes.

 

[stock777]

had a feeling the $1 calls were a buy Fri . sad part is they were too expensive at 15 cents even with the stock at 70 cents

 

[GordonTheGekko]

Uh oh, somebody on the street is going to jail for trying to tell the feds that they didn't commit a felony by spreading false rumors about the EK bankruptcy so they could get it at a good price...