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Short kodak.
by searine 9y ago
Short kodak.
- GFischer 9y agoWhy? They're using the blockchain for what most people said it was supposed to be used. I'm actually pleasantly surprised they're moving forward with some innovation and I guess the stock rise reflects that. OTOH yes, I'm pessimistic they'll actually accomplish something, but who knows? I don't know if the market will discount this soon.
- searine 9y agoBlockchain might be useful here, sure. Is that use worth 44% of their stock? Doubtful.
- Donald 9y agoYou're overestimating how much of Kodak is actually a viable business. Most of their revenue still comes out of their "Print Systems" (!) division. KODK's latest 10-K is filled with albatross risk statements like "The ability to generate positive operating cash flows will be necessary for Kodak to continue to operate its business."
- nrhk 9y agoHonestly if they nail this 44% is small potatoes, this is a dying company with little to no future revenue streams. I'm surprised it didn't go higher.
- analyst74 9y agocan't, nobody is lending out kodak shares to short sellers anymore.