InvestorsHub Logo
Followers 3
Posts 538
Boards Moderated 0
Alias Born 05/13/2011

Re: None

Wednesday, 01/04/2012 5:20:05 PM

Wednesday, January 04, 2012 5:20:05 PM

Post# of 12829
Some questions for the wise minds on this board. I do not give a damn about WSJ and what people familiar with the matter state. Just some points that are facts and need some clarifications:

1. Why would Platinum Equity buy the sensor business if EK was planning for BK?
2. Similarly Vion foods purchase of Eastman Gel business and the fact that they closed on the sale on 12/30/2011.
3. The most recent is the sales of 325 acres of Kodak real estate in Colorado.

They could have waited for a few more weeks and buy these assets in BK court for a lot cheaper....

Further knowing their financial situation, Kodak would have apposed the extension in the patent law suit vs. Rim and Apple when they are very likely to win at least against Rim.

IMO it is just bashing by the press and media. The stock is highly manipulated at this time and I sincerely hope that someone had reported this to SEC.

Just look at the timing....this morning EK announced the date for earning release....some food for thought.

In the end if EK still files for BK, then oh well what can we do....


Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.