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EASTMAN KODAK CO Message Board

  • truetrader01 truetrader01 Aug 15, 2012 11:43 AM Flag

    People do not even know about this stock

    That is one reason it is not performing well.... I have asked several people I know that trade stocks and they did not know this... Does anyone know of any stock with 1.3 billion in cash regardless of any debt and looks like they will be out of bankruptcy in 2013 that is .24 pennys a share?? If anyone knows any let me know >>>

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    • tripods@bellsouth.net tripods Aug 15, 2012 12:15 PM Flag

      Kodak's value has dropped 99 percent in the last 10 years

      100k invested in Kodak 10 years ago is worth 1k today
      300k invested in Kodak 15 years ago is worth 1k today

      15 years ago Kodaks CEO's hawked APS film cameras while I was buying a digital Casio VGA camera to shoot web images.

      The old fart moron Kodak fossils at a trade show 15 years ago told me that digital was just a fad. They were clueless and did not listen to what customers wanted.

      All the past Kodak CEO's rode the golden parachute train' you worshiped their bums and believed their tired dogma of each new non film Kodak project.

      Buying Kodak is like hoping that manure turns into pure gold

    • The people who never heard about EKDKQ are certainly blessed by the lord.

    • EK has little of no Accounts payable(No open lines of credit) so their "Cash Reserve of 1.3B must be used as cash in advance payment on pruchases. 4 Billion in revenue at 17% GP would require 3.2 Billion in cash to make it thru the year, but since EK is losing 1.2 B per year, they really need 4.4 B in cash to make it thru the year. The cash can only come from Reserves, the CIti line of credit, or profits that don't exist.

    • This guy makes more sense than Pro!

 
EKDKQ
0.0299Sep 3 1:44 PMEDT

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