From Bloomberg today

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Originally Posted by bblhed

I bought some shares, and I will get some more on Friday if the price holds at this level. A major fund dropping a company that is showing a profit is a long term small investors dream.

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Maybe...though a low share price doesn't always equate to a bargain, and major funds don't usually drop an investment without a reason. They usually have access to investment research and analysis way beyond that available to the individual small investor.

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Originally Posted by Sirius Glass

Dumb me! I thought he was talking about the Bloomberg article! That felt like I was using a hand full of razor blades to wipe my @$$! :pinch:

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Yikes! DIY hemorrhoidectomy (and DIY vasectomy if you're not careful).:cry:

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Originally Posted by railwayman3

Maybe...though a low share price doesn't always equate to a bargain, and major funds don't usually drop an investment without a reason. They usually have access to investment research and analysis way beyond that available to the individual small investor.

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That may be but, I'm up over 4% on the day, I could sell and get back the vig plus put a few bucks in my pocket, but I think I will ride this train for a while and see where it goes. It's not like I bought a million dollars worth of stock, just enough to say I have some.

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Originally Posted by bblhed

That may be but, I'm up over 4% on the day, I could sell and get back the vig plus put a few bucks in my pocket, but I think I will ride this train for a while and see where it goes. It's not like I bought a million dollars worth of stock, just enough to say I have some.

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Fair enough, there's no easy rule. I think that a likely investor needs to forget all preconceptions of what Kodak used to be, and where it all went wrong so far. Then look at its current prospects as a business in the area(s) it is now operating, and the likelihood of success and profitability in these fields in the present world economy and at this time.

It is probably too early to know whether a 4% bounce on one day is just a reaction to a too-low price on one day or the state of a trend.

(IDK...if I did, I be a millionaire. :( )

To Hell with KODAK! Visit www.thelightfarm.com and learn how to make your own film. You don' need no big companies to wipe your nose for you.
Bill