The Surf Report--part 2

Quote from marketsurfer:

Eastman kodak is a surfer BUY



damaged beyond repair by the migration to digital photography from traditional film. Founded in 1880, the company lead the photographic supply revolution through the next century. Despite a valiant effort to offer a full suite of digital products, Eastman Kodak, as a consumer brand, never recovered the dominant position it possessed prior to the digital era. The company is now perceived as “a has been” and “also ran” in many consumer minds.

However, this view may be changing as Eastman Kodak’s stable of patents are being brought out of the closet and defended against a myriad of copycats. Kodak has more than 1,000 patents and earned about $630 million from licensing in 2010.

Kodak successfully pursued Korean companies, LG and Samsung in 2009 for patent violations. The companies were forced to pay Kodak about $950 million in licensing fees to continue to use Kodak’s patented technology. The stock received a solid boost from this ruling, almost tripling in value over of the next year prior to starting another downward slide.

Presently, a similar patent suit against Apple (Nasdaq: AAPL) and Research in Motion (Nasdaq: RIMM) has sent Kodak’s stock soaring. Kodak has asked the judge to bar all importation of Apple’s and RIMM’s mobile phones and digital cameras due to patent violations. A trade panel agreed to review this claim last week triggering the aggressive buying. Kodak’s CEO Antonio Perez firmly believes that his company could earn $1 billion from a favorable ruling.

Judging from Kodak’s past successes in similar matters, it appears that there is hope for another win for the struggling giant. The question is, should investors bet on it? There is money to be made here, just stay nimble and don’t get caught holding the bag.


can someone tell me wtf did surfer do (ie: made a lot of money?) to deserve special alert attention?
 
Quote from sellindexvol66:

can someone tell me wtf did surfer do (ie: made a lot of money?) to deserve special alert attention?
He knows people. Who know people.
 
Quote from sellindexvol66:

can someone tell me wtf did surfer do (ie: made a lot of money?) to deserve special alert attention?

Well, he is short of like Paris Hilton, without the STD (I am assuming here). He is famous for being famous*, kind of created his old legend....

*Also he sometimes talks to famous people like Bon Jovi, and their famousness might rub off on him
 
I have noticed several correlations and heard chatter that have me 100% convinced and totally confident that a sharp decline is extremely near. When? I don't know for sure, but it may be sabre rattling for a short time. I am rarely this confident in an impending move therefore I am stepping outside of the 3 contract trade limit thus ramped up to max size on this one. Added at 1324, 1323.75 and 1323.50. I am All In on a decline. Get ready folks, it may be brutal for the longs.....We have topped or are extremely close.
 
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