Ahhh, Fred, my stock was bought high so here I am at about 30 cents / share. :D
Can anyone live with a loss like that?
Your 'old' Kodak stock (if you have any left) is about to be worth $0 per share - not even 30 cents
Yeah, yeah, yeah Fred. What an I do about it? :(
Been there done that. Take the thirty cents.
I had a $20 stock go bk. sold it at fifty cents. Then I bought a Ton at twenty-six cents and sold it for fifty cents again. Two days later it was zero.
Don't remember if it was Worldcom or UAL. We can still talk on the phone and we can still fly in planes.
And God willing we will still buy film.
I know I'm late to the thread, this is great news. Properly run, the new buyers of Kodak's film and document business will have a decent income generator.