0IF4 trade ideas
Traders love this 500% jump last night !!!Read article here
No, I did not long nor follow this stock at all. And it is fine that I did not participate and lose out this great , great opportunity costs as some followers were asking me about.
From the 1H chart, it looks like some pull back is likely before it continues its climb. There are 2 gaps that potentially can be filled up as well.
I tend to stay away from such speculative stocks as capital management is key and the more you want to increase your probability of success, the more careful you are with your stock selection.
Who knows, down the road, this Eastman Kodak could be the phoenix from the rising ash and turn into a multi-bagger. Till then, it is out of my radar.
All the best to those who trade and made the 500% profits !!!
$KODK is Full of Binary Roller Coasters AheadKODK is pulling back to closing-basis Fib support in the $14 area. Expect some sort of bounce.
But this is also ripe with the potential for legal risk given the apparent serious and potentially criminal process that launched this move through crony processes with evidence of insider trades involved.
kodak Fundamental Analysis - KODKHOLD - THERE IS NOT A LOT TO SAY REGARDING TECHNICAL ANALYSIS.
Fundamental Analysis:
Eastman Kodak’s top executive reportedly got Trump deal windfall on an ‘understanding’
the administration of President Donald Trump announced a $765 million financing deal with Eastman Kodak, and in the days that followed the stock soared, making those additional options now held by executive chairman Jim Continenza worth tens of millions.
KODK LONG SET UP (Kodak Co)TITLE/(DATE)- KODK stock
ASSET- STOCK
PLATFORM-Robinhood
ORDER TYPE- BUY
Time Frame-1hr
ENTRY PRICE 1- $22.50 (market)
ENTRY 2- $19.50 (pending)
STOP LOSS- $15.50
TAKE PROFIT 1-$30.50
TAKE PROFIT 2- $35.50
TAKE PROFIT 3- $40.50
TAKE PROFIT 4- $47.50
TAKE PROFIT 5- $52.50
TAKE PROFIT 6- $59.50
STATUS: Active
BRIEF-DFC To Provide $765 Mln Loan To Eastman Kodak Co To Support Launch Of Kodak Pharmaceuticals
July 28 (Reuters) - U.S. International Development Finance Corporation:
* U.S. INTERNATIONAL DEVELOPMENT FINANCE CORPORATION - TO PROVIDE $765 MILLION LOAN TO EASTMAN KODAK CO TO SUPPORT LAUNCH OF KODAK PHARMACEUTICALS
* DFC - KODAK PHARMA TO MAKE CRITICAL PHARMACEUTICAL COMPONENTS IDENTIFIED AS ESSENTIAL BUT HAVE LAPSED INTO CHRONIC NATIONAL SHORTAGE, AS DEFINED BY FDA
* DFC - DFC’S LOAN TO ACCELERATE KODAK’S TIME TO MARKET BY SUPPORTING COSTS NEEDED TO REPURPOSE & EXPAND EXISTING FACILITIES IN NEW YORK & MINNESOTA
Sector: Electronic Technology
Industry: Electronic Equipment/Instruments
Employees: 4922
Eastman Kodak Co . engages in the provision of analog and digital innovations. It operates through the following segments: Print Systems; Enterprise Inkjet Systems; Kodak Software; Brand, Film and Imaging; Advanced Materials and 3D Printing Technology; Eastman Business Park, and All Other. The Print Systems segment comprises of prepress and electrophotographic printing Solutions. The Enterprise Inkjet Systems segment includes prosper and Versamark business. The Brand, Film and Imaging segment involves includes industrial film and chemicals, motion picture, and consumer products. The Advanced Materials and 3D Printing Technology segment offers kodak research laboratories and associated business opportunities and intellectual property licensing. The Eastman Business Park segment includes the operations of the Eastman Business Park, an acre technology center and industrial complex. The All other segment composes RED utilities variable interest entity. The company was founded by George Eastman in 1880 and is headquartered in Rochester, NY.