I am not talking about the current quarter's dividend, I am referring to the fact that they are giving more in dividends than they are currently making. That is not sustainable longer term. It will need to be discussed friday.
The answer might really disappoint investors.
The only reason that I see for the bottom not falling out on this stock is some people are gonna wait for a conference call.
I see a dividend cut coming, and when that is announced on Friday the bottom will fall out.
It is absolutely ridiculous that this stock briefly went positive on the day. Take this oppertunity to rethink your position.
How am I far off on the topics? Let me tell you "kodak employee" if you have something to add, go ahead... otherwise who cares what you think.
I got these shares for 11.94 a piece sold all of them over 20 (most over 25) and rolled my profits (and I am talking a whole lot of profits) into the warrants because I believe in the long term business of kodak and how they are doing business.
I have over 25k in warrants that I will not exercise for at least 3 more years. Even if they are worthless in 3 years I still have lost no money on this investment (maybe time but no money).
People like you and rochester annoy me because you add nothing to the conversation other than childishness.
Kodak is trading at roughly cash on hand (720 million cash vs 750 million MC), you think that kodak is a strong sell? I will take the other side of that bet.
Kodak is in the business of selling 100,000 - 500,000 dollar printers and making good profits on selling the inks. They receive close to all their 2 billion in revenues from this business.
No kodak is no longer in the camera business, or the printer kiosk business (found in cvs). They are not even in the cell phone business or the 360 camera business (that you see articles about).
Kodak is a company that is now in the licensing business as well. They license their name and get a small piece of sales in the form of licensing fees. If the businesses do good, great they get paid. If the businesses lose million of well, sucks to be the licensee.
Also, kodak also has a few start up companies that it is currently investing in. But that is neither here or there and we can discuss it some other time.
Bottom line- kodak is trading at roughly cash on hand and they are not losing money. On a fundamental basis, kodak is a screaming buy (but lets keep that our secret, I am still trying to add to my position down here).
I feel dumb, sold way too early yesterday. Only holding onto 14,000 shares that I intend on keeping for the long term (profit I made in the trade).
I just could not take reading the articles about this being a short. My mistake.
Long term I see it over 5. Short term hoping to see under 2.50 again.
Companies like this (and AA and GGP) that have a specific problem that is a 1 time issue and will eventually go back to their past glory. FXCM had over 300 million in the bank prior to this issue. Now they must pay a one time charge of 10-17% on 300 million dollars. Might take 6-12 months but this stock will be trading north of 7 a share.
Look that the liquidity issues GGP has and where they are now.
Or the contract issues AA had and where they are now.
Keep in mind that FXCM did not lose the money themselves, their clients lost that money and they are on the hook for what is owed. Again might take a few weeks might take a year but this will be trading north of 7 again soon. Worst case scenario, they get bought out (at a premium of today's price) and we do not get to realize full profit potential (like knight capital and their trading error 2 years ago).
You do know that kodak does is not in the business of printed photos anymore... that business belongs to kodak alaris which rents space in Eastman business park but is a UK company.
They are a B2B printing company. They do not service Consumers anymore.
Good luck with your short, just keep in mind that kodk has a 750 million dollar cash on hand position and that any day now they will announce that they have/will sell Eastman Business park. Kodak is just trading at 1.1X cash on hand not counting the sale (potential sale value) of EBP.
Am I the only one who thinks that having a company that is willing to put up most (if not all) of the upfront cost and is willing to give kodak something in the back end (maybe somewhere along the lines of 1% of gross sales) is going to be amazing for a small cap company line kodak.
In addition maybe the prototype/final product will use either UNXL or Kingsbury touchscreens (I assume kodak would have some sort of pull in the touchscreens and who they use), which would result in more revenue for kodak.
Not to mention that kodak has these new 360 cameras (direct competition with gpro which is worth over 8 billion market cap). This new licensing model is a great, we get paid weather the licensing companies ever make a profit or not.
For those of you that are fans of shark tank, we are Kevin O'Leary (who usually prefers a licensing fee rather than a percentage of the business). I am very excited to see what next years numbers will be.
UNIPIXEL HAS VALIDATION OF ITS 6' TABLET. (according to the dec 4th presentation)
I do not understand why they stock has not shot up much further than it has.
I will be interested what kodak will show during the CES in Jan. Not much left in the space of consumer electronics.
I see some very aggressive options contracts trading hands every couple of days (not today, but yesterday was very heavy)
I am thinking about putting some heavy money into this going into options week (triple witching). Might get a violent upside move.
They have said UNXL is working with a single tablet makers and the prototype has been VALIDATED.
That is huge, guarantee big up day today. Wait till these institutional buyers leave the facility before you see any big moves.
Tomm, there will be upgrades by analysts leading to another large up day.
Good luck all, I read good news
Well if what he saw last year was worth 46 a share... I guess what they have now is worth north of 50 :)
Plus you are missing the fact that they announced they were days away 2 weeks ago.
I am not here to say that UNXL is a good long term stock or not. What I am saying is dont get caught with your pants down. 30 days from now UNXL will be at higher levels, bank on it.
If nothing else it will be a good short term pump from the company.
The chances are zero because UNXL is having an investor analyst day/analyst day. It is not kodak that is having the investor day.
Also I believe that 8 a share would never be enough to finish the deal because large investors bought in 18 months ago at 32 a share (april 2013 secondary offering of 1.2 million shares)with hopes of much higher prices.
Well there is only 4 trading days left we will find out soon enough.
I am a believer of both companies (kodk I believe is a more sound investment as they are more diversified) and I believe that both will have a big move after analyst day.
That being said I think that the better play going into dec 4th is UNXL because of its small float and large short interest. There is a distinct possibility that UNXL my trade north of 15 bucks a share in 2 weeks, while at best kodk would be north of 30 a share at that same time (again best case scenarios).
If the news if good dont rule out a 35 dollar kodak come xmas, but that is neither here or there.
I believe there will be steady gains straight through thursdays analyst day, and then boom (one way or another there will be and explosion or implosion).
But I will repeat what a very wealthy friend of mine said. You dont invite guests when you house is messy.
UNXL/KODK randomly set up an analyst day 2 weeks prior to this event... guarantee that whatever the news is will not disappoint investors. The deadline is to close for them to miss it.
I will be rolling out of a couple of other positions the next few days and buying all the shares I can. This is easy money at this level.
According to Nasdaq there are 2.39 million shares short as if 11/14. I'm not saying that any of them do or don't post here, but they will not be happy come 8 days from now.
As a wise man once told me, you don't invite guests when your house is messy. When was analyst day any of you long time followers remember?
I am a kodk holder so I have always kept an eye on unxl this is the first bit of good news that has come of the relationship in the last year.
And for all those that are worried about be losing my money; I have lost before but the bets I make are to give me maximum upside potential.
I just bought another 200 contracts. The price of this security is incorrect. I am still waiting for share price to go below 5.50 so that I can #$%$ up a few thousand shares.
I am very interested to see what will happen less than 10 days from now. 1 analyst upgrade, 1 additional institutional buyer to this micro cap stock can send stock price soaring (not saying 15-20 a share, but 10 a share is in play).
Plus I am very interested on how the shorts would have to get out of their 2 million shorted share positions with such low volume. I would assume they will have to buy in the money calls.
Shock- what you should pay attention to during the call is that they said they will have low level production by the end of nov (early dec). Commercial production comes very shortly after. Listen to the call again which is available on their website.
UNXL is not the same company that over promises and under delivers.
200,000 shares traded today and UNXL is up 13% on no news. Last I checked there is a 2 million share short interest. 1 analyst upgrade will send this 12 million share company flying.
No need for a pump piece, analysts will raise their forecasts come December 5th. This stock will be north of 20 again (maybe not in a month or 2), not saying I will be a shareholder when that does happen but this is easy money at this level.
I can tell you first hand that there are no sellers at these levels. If hand big buyers want to get in here they will have to pay a premium.
I think we will be going up everyday from here to the 4th
This morning I tried to put an order in to buy 20,000 shares at 5.50 and I only got filled for 880 of those shares. Then I realized for less money I would be able to buy much much more options.
I bought 600 of the dec $6 calls .35
and 400 of the jan $6 calls for .50
These shares are going to go through the roof in about 2 weeks. I can not imagine a situation where these shares will not go through the roof going to the dec 4th analyst meeting. I will also buy all shares under my original 5.50 order that I put in this morning.