Kodak
Quote:
Originally Posted by FakeNameChanged
This 3/4's of Billion dollar loan that Trump gave them is a giant red flag, imo. Giving a failing film company all this money to produce hydroxy? WTH. With a hundred more capable "drug" companies already having the process to make drugs. Almost unbelievable.
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This is going to get ugly with possible insider trading that went on before the loan was made public.
Typically 7000 options traded daily, and Monday or late last week, it spiked up to 100,000 before the news was known about the loan.
The number of shares normally traded, were on average 75K to 250K(300K some days). . . On Monday it went up to 1.6 million shares, that's about 10X normal.
On Tuesday it was 284 million shares! Supposedly the news came out yesterday, but I hadn't heard it.
Kodak has a history of insiders buying their stock, so that doesn't look unusual, since the last buy was in June, and a large one back in Dec.
