Eastman Kodak Co. (fka EKDKQ)

[Gileon7]

BK's usually run and drop many times throughout the process. Every time some good (or perceived good) news comes out it will run. Every time some bad (or perceived bad) news comes out it will drop.

There is little doubt in my mind that the bids will leak and therefore high bids will cause it to run and low bids will cause it to drop. These things gather momentum and continue until something breaks it.

I believe that there will be nothing (or near nothing) left for the shareholders when all is said and done. That is nearly always the case.

But there is a ton of money to be made trading this in the meantime. Do not fall in love with it, buy after bad news drops it and sell when good news runs it.