No one believes in Hydroxychlorquine as demonstrated by Kodak's stock price
(media.patriots.win)
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Another US manufacturer saved by Trump.
AMD DID THIS IN 2016. I kick myself every day
I saw them making moves back then instead of focusing on woke initiatives and bought 200 shares at $2.25/share......now sitting at $76/share. I turned $450 into $15,000. Feels good man!
I wonder if that could be used as a valid buying and selling strategy
Something like Gillette shitting on men was so clear its going to backfire and permanently lose customers who's been buying Gillette since teenage years
Safety Razors ftw
You could short the companies that roll out woke campaigns.
Are there any shorts you can buy at less than $1k?
wallstreetbets.win ??
YESSSSS
Please teach me puts and calls so I can be a stupid gay bear.
PLEASE.
Step 1 download Robinhood. Step 2 pick woke stock sure to fail, such as Nike. Step 3 click “buy put”. Step 4 pick an arbitrary future expiration date. Step 5 wait and make money
Never buy puts, fag. Stonks only go up. My FD's always consist of SPY calls expiring in a day at a strike price of 2x the current valuation.
REMINDER THAT TWITTER IS THE SHORT OF THE DECADE. IT WILL BE REPLACED.
Maybe this is biased memories speaking, but every company I've followed closely and thought had something good going would've been a great investment. AMD, Tesla, etc. I wish I had the business sense to put that knowledge to good use.
Man, it happens. I've had so many potential property investments where we initially thought about making a purchase, could've afforded it, but didn't, and now the values are insane. Luckily I have made some good investments, and have convinced others to do the same, so the real lesson is that you'll always win some and lose some. The ONLY thing we can ever do in life is use our past experience to try and shape our future choices, while also praying and hoping some. Nothing will ever workout perfectly, but don't give up.
Very True
I've thought this for a while.
Nice!
Did the same with NVDA in the early 2000's. Turned $200 into $25K.Wish all my picks had worked out the same. PALM did the opposite even though they were cutting edge at the time. Nothing's a sure bet, that's for sure.
NICE MOVE. Congrats on the big win!
Oh, they are still doing it.
I bought in
I watched the whole thing happen and still kick myself for not piling on
I was like damn, $11 already? I'm out! 🤦♂️
And there are a million articles about how Kodak stock is definitely not worth buying since it has little hope in making money back on a "malaria drug".
It is, they're also going to be manufacturing other critical medicines that are all produced in China.
I was just pointing out that the mainstream news were trashing Kodak because of HCQ.
The real reason for the stock jump is the $700 million dollar gov't loan they got to bring pharmaceutical production back to the US. It's not just HCQ.
Fuck China.
My only regret is not buying more yesterday at 2.30 per share.
That depends. It peaked over $50 a share today, then settled down in the $30s. I'm comfortable purchasing it in the plateaue range for the day given both their history as a company and their potential future production. If it somehow drops dramatically, then purchase a bit more on the lower end to cover yourself.
Btw, just remember that Tesla rocketed to over $900, before dropping again to the $300 range, and now look at it in the $1,500 range with serious speculation that it'll easily go up another $1,000 (Long-term it'll likely go far higher). Kodak has solid history, and solid potential, this isn't some random startup. I'm only giving this advice because I've put my money where my words are, and long-term it's helped me over the past few years. Again, however, don't invest what you can't afford to lose at the moment, I don't want anyone going broke.
"If you can't handle the ride, buy VTI!"
Tell that to the faggot who had 1k $2 kodak shares that sold at peak.
All kinds of gains...
Whatever, I just bought some shares today. It did surprise me at how it jumped this morning, since I set my buys based upon closing and after-hours, so I had to readjust around lunch hour, but I am glad to have bought into it regardless. It's always better late than never, esepcially when potential exists. Just remember to never invest more than you can afford to lose at any given moment.
Btw, I've always loved Kodak from a photography standpoint, and it saddened me a great deal to see them losing ground on that front. I'm just happy to see them back in the game and I'm 💯 rooting for their success.
yea that is one hell of a jump
Looks like someone just hit Mr. Kokak with a defribulator..
Fill me in pede. What does Kodak have to do with hcq?
Trump brokered a multi million dollar deal for Kodak to manufacture components of the drug.
Trump brokered a $765M deal with Kodak (a chemical company technically with ties to Pharmacies, since that was what old photography was) to start producing HCQ and other critical medicines/precursors to reduce the US dependence on China.
I heard they are retooling their business to get into the drug mfg arena?
This is one of those stocks I followed closely because I like photography and Kodak is a big name company and the stock price was always sitting around $2-4. I am really kicking myself for cheaping out and not buying 100+ shares at $2 like I wanted to but last night I picked up a few after hours at $13. Let's ride this fucking rocket ship!
I got in at $19 at opening. First time buying stock and I wasn't sure how to do after hours (I wanted to do it yesterday when it was around $12) so ended up putting in an order that processed right at market opening.
Well done!
I use the Robinhood app.
PM me for deets and I'll get a free stock for inviting you, as will you.
It's good for small time shit but I wouldn't use it for thousands of dollars. People do, but it waa buggy over the initial lock down phases with the chaos that was going on.
And i never had any issues during that, not major.
Robinhood is headquartered in Cali... fuck Cali.
Tradestation (Florida), TDAmeritrade and Fidelity all have no fee stock trades now (with the exception of penny stocks but Robinhood doesn't even allow those anyway.)
TradeStation, Fidelity & TDAmeritrade all have no fees if trading standard stock.
TD offers the largest selection of penny and grey market stocks but they charge a fee for those.
Schwab is a good choice, too, IMO.
How many DC Politicians, deepstate bureaucrats and their families got the insider trading information ahead of time?
yea for real that's the real question here. How is this legal? WTF?!?
DAMN!
If only I had known just a few days ago that investing in a washed up film & developing company would result in split stonks and beaucoup bux.
$10k down would've been nice
Me too. Feels bad.
Continenza’s June purchase was certainly well-timed, but neither he nor any other Kodak insider has disclosed purchases of stock since Monday. In addition, Continenza has regularly purchased shares of Kodak since August of last year. After buying 100,000 shares in August 2019, Continenza bought 53,263 shares in November and 50,000 shares in March.
The June purchase was seemingly neither unusually large nor unusually timed based on this pattern.
Insider trading should be illegal. Look at the jump before the announcement.
ummm it is highly illegal and one of the few white collar crimes that sends millionaires and billionaires to prison.
It's not illegal for people in public office. Assholes exempted themselves.
They repealed that. Congressman Chris Collins of NY was recently sentenced to jail for it.
(You may know Collins as the first US Congressman to publicly back Trump. He was also the guy that Fredo cut off in the "oh no that sucks" segment. Shame he did something so stupid. He was otherwise a great congressman.)
Fucking insiders that got the word a day early
Stock market doesn't fool around with political bullshit.
One of the only polls to get 2016 right was the Investors business daily poll. Cause if you're an investment paper and you call things wrong you're f$&#^d.
Trump brokered a $765M deal with Kodak to start producing HCQ and other critical medicines/precursors to reduce the US dependence on China. It's not a stretch given that the old photography (all chemistry related and many ties to pharmacies since thats where the development was done). Really smart business pivot for Kodak.
Fucks sake why did I read this news too late.
What in the fucking fuck? I thought it would cap out at $14 at the most.
FOMO baby do it every day.
You won't get the big bux but you won't have to explain how you lost hundreds in a day, either.
"dumb film company goes all in on fantasy drug that kills you and totally isn't fish tank cleaner" - CNN
Wish I had bought Kodak stock, now.
Fuck me. I wouldn't have guessed this jump. But still, fuck me.
Definitely missed the ship! You have nerves of steel if you jumped in today!
they politicize it...fuck it, make it, and fuck chyna at the same time! brrrrrrrrt
This is glorious!
It's front running the election. Basically if Dems out enough fraud for Biden to "win" HCQ will suddenly become the go to treatment, except nobody will talk about it at all. It will quietly fade with no fanfare, despite Trump being, one again, proven absolutely correct.