$KODK printing moneyKodak.
Anyone investing heavily this year??
- Thread starter rph2005
- Start date
Whoever is will ultimately win if they have the capital but they are definitely having heart palpitations at this point.From chat:
if you know a guru who is short KODK say their name.
There are only a few things in life better than being LONG on a short squeeze like this.
Man I only had $100 invested in kodak. Damn that hurt thinking 'What if"
is that it for Kodak?
well i bought and sold twice. wish i would have gotten more shares than what i did though.Man I only had $100 invested in kodak. Damn that hurt thinking 'What if"
Made my money on Kodak 2 days in a row. I can relax for the rest of the day and focus on my day job . Will start over in the market again tomorrow. I’m holding 3 bags that eat me up on the inside every time I look at them but Kodak eased that pain lol. I got in at 14 got out at 30 on the way up right after the 3rd or fourth halt. That’s why I love Webull for early morning trades. AYRO, ENTX, and GAHC are testing me for real lol
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I'm not sure how anyone could have predicted this "Kodak" moment before TRUMP opened his mouth.
In my training 101 and using some premarket indicators Kodak showed a "Gap" nothing crazy.
Bought it and actually closed with a lost when the markets closed on Mon/Tue can't remember which.
I'm sure anyone that long their position lost as well...(Those days)
The question becomes how can anyone know those losses where only temporary? Either hold your position and wait or buy even more shares knowing a break out is coming? Like i said, outside of Trump big mouth, how would you know it would get as high as $53 intraday trading? So far?
In my training 101 and using some premarket indicators Kodak showed a "Gap" nothing crazy.
Bought it and actually closed with a lost when the markets closed on Mon/Tue can't remember which.
I'm sure anyone that long their position lost as well...(Those days)
The question becomes how can anyone know those losses where only temporary? Either hold your position and wait or buy even more shares knowing a break out is coming? Like i said, outside of Trump big mouth, how would you know it would get as high as $53 intraday trading? So far?
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^^^ @Madrox
Is this tweet suggesting some people had inside knowledge that this annoucement was coming? Insider trading of sorts?
I think so. You can click it and see the whole string.
With that said, although this is hella blatant, isn't there always some inside info going on? At least this time some of the team caked off..
^^^ It's being posted that this news was "leaked" temporarily on July 27, 2020 @11:56am and was deleted shortly afterwards. I guess the idea being some saw it and subsquently went in on Kodak @2.3ish at that time.
Craziness!!
yeah that announcement sparked the surge in stock price for Kodak. i was watching the shit happen in real time.
Kodak was already running. Day traders were already cashing in. When trump announced it, it was after hours... that when I jumped in again.
^^^ It's being posted that this news was "leaked" temporarily on July 27, 2020 @11:56am and was deleted shortly afterwards. I guess the idea being some saw it and subsquently went in on Kodak @2.3ish at that time.
Craziness!!
Got damn, these mfers ain't fightin' fair.
Just $100 would've got you 2k on that play smh
It wasn't running anything near it's high today. It's daily has been trash prior to that for the past few years...like $2.xx for the past 1-2 years.
Some decent techinical catalyst could have gotten it $1-$3 dollars boost. But nothing like this without the Trump backed announcements.
Its trading sideways now. It tried to run at 1pm, but halted. They may try again.. you gotta watch the volume.
I see it hovering between 37-38.
Agreed! The fundamentals for Kodak hasn't been ideal for a few years. Hence the reason it's been trading for years between $2.xx to $6.xx. Just because they got an infusion of money doesn't mean they're a good-great company all of a sudden, imo.
So i'm not sure long term if any of this holds up. They gotta produce and improve their fundamentals.
It's going to be interesting to see what happens the next few days. Savvy investors are going to play with this momentum.
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my plan is to just scalp Kodak on the dips now.
I see that and just updated that post to reflect as such...more savvy/seasoned/resourceful investors are going to play the momenteum while it last. Take their gains on the high and buy on the low...back and forth until the market says to stop.
Good stuff..
Although Im new to this, I've noticed people dont fall in love with cheap stocks. They take advantage of the pump then move on to the next. I doubt anyone is looking at this as a hold.
Yep! I posted the PDT rule to a couple of trading vets on the board. Bottomline, unless you have an account with a minmum of $25,000 you can't do more than 3 full trades(buy/sell) within a 5 day period.
The only way i know to by-pass that is to open with a broker overseas...
I have to hold on to Kodak until the 31st. I tried to sell and a big ass red stop sign posted.
Become the next $NIO
Or have a cash account
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