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sirglenn

09/20/20 9:29 PM

#3855 RE: sirglenn #3854

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.