Kodak Stock up 2,500 percent but it worth buying?
What a run up and if you’re reading this and you haven’t got in, you’re probably too late. I won’t go over this much but it’s just crazy how high it went when Trump mentioned it and the following day the stock kept getting halted.
Crazy Kodak Stock Jumps!
I mean look at the candles, I have switched this from regular candles vs my usual Heikin Ashi (averages and makes it fluid). I kept watching the stock but every single candle, they kept stopping it from jumping. Look closer in the stock chart of KODK below and see the big red mark. Where ever it showed this gap up, was when it kept halting. I’m in a group with Black Box Stocks and we were just laughing in their discord channel.
This stock would have probably hit $100.
I had a few buddies that bought into and it got out. You don’t mess with these unless you want to lose your money. The gap up is huge and the hype is just because of the Robinhood traders.
I would not buy this until those gaps are closed up and there is some progress. This stock will drop back around $5 I believe. Upon doing a brief research, they are actually trying to be a chemical company which I believe is also outsourcing the manufacturing. I would be wrong but this is my own understanding. I just can’t believe a company that is known to make cameras went into the vaccination business. I mean it’s a Kodak Moment isn’t it?
However if you have money to lose, I would go for it as I have my “I don’t care YOLO” money is on SOLO right and and I been stuck for 2 weeks now. Maybe it should had just went to KODK Kodak right?
I didn’t play much options today but tomorrow I will try to go for Li Auto.