Replies to post #12341 on Eastman Kodak Co. (fka EKDKQ)

[ThePennyDoctor]

100M shares traded and the ticker went up 135%. Based on your post, you would not have touched this ticker and would have made nothing on this. This is the OTC - conventional wisdom never applies and traditional traders always are left broke and confused. I am not saying the shares are worth a damn thing; however, IMO, they will go up at least another 30% tomorrow before crashing (if tomorrow is crash day). History repeats itself on the OTC, and daytraders have seen this pattern with Kodak 3 times already. Great ticker - could care less about the lack of intrinsic value.

[Mouthhee]

I agree with Dr Key. This is the OTC. In the OTC, intrinsic value is irrelevant. You may not be qualified to play the OTC if you're thinking long term.

Think about it like this: Be grateful that you have a high volume, low -priced ticker to scalp. They're hard to come by.

p.s. this one isn't for a weak stomach, so you may wanna sit this one out.