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You're right. Nobody seems interested except for the stock market. You know how those people are though. Unpredictable.
Well the shorts hunted it today and they are still having trouble driving it back down. That leads me to believe the upward pressure will continue. IMO.
Well no idea as to the government action - but they will probably follow the course of the law firm - especially if they are pre-cleared by them. So that makes me think sooner rather than later. Especially now because the government would have to have some entirely new angle in order to quell the deal. IMHO.
It is an SEC link to the report generated by Kodak. Nothing else was implied there. If you recall though - this is one of the top law firms in the country writing this report. Pretty sure their recommendations will be adopted internally. Without insider trading stopping the deal... well, what else is there?
Seeing this movement is nice!
Keep shorting it guys so I can buy some more!
By the way, $1.7 billion was traded on Friday. Shorts have a lot of tricks to use to crash the price, but this is a rare critter. Buys are capping sells, so the more downward pressure shorts place through coordinated sells, the more shares are getting snapped up by retail and others betting that the loan money will be released soon. As we all know here on this site, squeezes are almost impossible in the pinks because of the typical dilution companies freely utilize and MM control tactics impacting the price.
This is not a pink. This is a NYSE stock that people are clamoring for (hence the 150 mill. volume in one day). We have seen the spike to $60 and it is my feeling that buying pressure will increase once again. As short losses are theoretically uncapped, KODK is essentially the current potential dynamite of the U.S. stock market. At least IMHO.
We got MOMO and FOMO. This translates into GOMO. IMO.
You know it. That is also why MSSV is starting to boom. IMO.
All the back and forth makes my head spin here. The stock is moving now. Let's let it run and see what happens!
This has happened to me before. The shares were issued as restricted for 180 days. After that time, the shares traded normally. I still realized a big gain... and if I held - they would have been even bigger. I am perfectly happy with the scenario here.
I was worried earlier when I bought at market and i paid over a .50 cent premium, but I still got in at 9.22, so now I'm smiling. :)
Active trading today. High volatility.
Thanks for posting this. Anything to increase transparency in the OTC is a good thing in my book.
She's a moving...
and it's not even that calm. :)
and I think a lot of people are holding... the flips seem to be minimal - and that, my friends... is rare indeed.
These custody plays are really something. They truly excite the market.
That Warren Buffet site is like the Fly on the Wall site. They use a lot of rumors (some no doubt true) to propel certain stocks. Thing is - the trading action suggests a real event is about to unfold. JMO.
shares are flying here.
Dang it - had to raise my bid.
WTH? Another 10 milly?
WTH was that? a 10 milly hit?
Yep, my 8s were passed by. Now I'm not sure I can get 9s.
I'm having trouble getting my 8s filled.
Strong volume on this one.
How soon before something "real" happens here? I'm not impatient, just wanting to see something.
The thing is - the institutional owners have about 10% of the shares. If the R/S does turn out to be 1/10, then we are talking about 7 million left before ownership and retail combined. If 10% is owned by management, then we are looking at 6 million left. That would move on air. JMO.
It is about to have a small R/S (between 1/5 and 1/15) that will push the price most likely past 5.00 per share and the float down to around 8 mill. before float considerations and institutional ownership. This is setting up big time. Notice the form 4s?
What happened? I bought some - so it went down.
As usual, someone knows something and investors are the last to know.
I did note the R/S coming (voted on 08/24), but it is likely to be 1 for 10. Something that probably has to happen to get this trading correctly again.
By the way, I rarely advocate for anything on this forum and am always mindful of the ethical considerations, but IMO, people should load this one. Load now and keep loading anytime this is under a dollar. At some point, I believe this will break upwards massively.
Agreed. This one just requires lots of patience. Some days I have it, some days I don't. :)
Wonder why we have movement here?
Not necessary... been here a long time. Thanks!
Nice! Thanks for the update.
Weird how JNSH moves down with Blink, but takes a long time to come back up again.
Haven't been on in a while. Any reason for the volume?