Quote:
Originally Posted by FakeNameChanged
Kodak
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.
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if my memory serves me correctly, Kodak had some type of a crypto currency business about 6 or 7 years ago. no mention of it though.
insider activity sure tells the story with Kodak.
but not with MUX
