Eastman Kodak Co. (fka EKDKQ)

[Michael-Goode]

Chuck -- I am a full-time penny-stock trader, mostly from the short side on pumps. I have three different trading accounts, all with fairly large balances. There tend to be relatively few big pump and dumps in the summer so most of my money has been sitting in cash. I will gladly take a large position with a small positive outcome if the outcome is nearly certain -- if I find any better trades all I have to do is cover sooner than I plan and re-deploy the funds into that better trade. But a 3% return in a little over a week is nothing to sneeze at -- I do intend to cover before the cancellation simply because processing the cancellation and thus freeing up my funds could take a few weeks. A couple years back I looked into shorting stocks getting cancelled and found that most were subpennies by the time they stopped trading. I think it highly likely that EKDKQ will be under .02 by the end of the week, and that is where I'll look to cover.