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(Reuters)   Kodak's major loan deal with the US government on hold. Developing story   (reuters.com) divider line
    More: Followup, Federal government of the United States, Eastman Kodak, U.S. Securities and Exchange Commission, Akin Gump Strauss Hauer & Feld, Eastman Kodak Co, President of the United States, Akin Gump Strauss Hauer, special committee of independent directors of its board  
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1024 clicks; posted to Business » on 09 Aug 2020 at 5:50 AM (6 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



19 Comments     (+0 »)
 
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2020-08-09 4:58:32 AM  
you bastard, subby
 
2020-08-09 6:38:02 AM  
The people who matter have already completed the dump part of the ol' pump and dump.

I'm stunned there could be anyone who didn't see this for what it is.

Who actually thought it was a 'buy?
 
2020-08-09 6:49:52 AM  
Isn't Kodak just another American brand that the Chinese bought up to sell cheap tat to Americans under a "trusted" name? After all, Kodak was world famous for their great-sounding earbuds, and Sunbeam had an amazing line of audio speakers back in the 50s-70s.

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2020-08-09 7:17:35 AM  
Good.
 
2020-08-09 9:09:27 AM  

PunkTiger: Isn't Kodak just another American brand that the Chinese bought up to sell cheap tat to Americans under a "trusted" name? After all, Kodak was world famous for their great-sounding earbuds, and Sunbeam had an amazing line of audio speakers back in the 50s-70s.

[Fark user image image 691x409]
[Fark user image image 537x562]


1: if I recall correctly, Kodak sold off parts of their photo business to a Chinese company. Should have gotten some pro packs of their 35mm when they were cheap.

2: I miss Ocean State Job Lot.
 
2020-08-09 9:59:55 AM  
I wonder what kind of skim Trump gets from these obvious shams?  Did the execs each agree to contribute a million dollars to his "inauguration" fund?  Or could he be bought for less?
 
2020-08-09 10:13:20 AM  
I recall that the stock trading volume for the company days prior to the announcement was wildly above recent daily averages - Everyone in the know made tons of money here.
 
2020-08-09 10:23:56 AM  
On to the next scam.
 
2020-08-09 10:30:41 AM  
Here's my shocked face

:|
 
2020-08-09 10:38:47 AM  

hammettman: I wonder what kind of skim Trump gets from these obvious shams?  Did the execs each agree to contribute a million dollars to his "inauguration" fund?  Or could he be bought for less?


Trump has no qualms about making fourteen dollars the hard way.  Never has someone sold out an entire country for so little.
 
2020-08-09 10:49:11 AM  

kittyhas1000legs: PunkTiger: Isn't Kodak just another American brand that the Chinese bought up to sell cheap tat to Americans under a "trusted" name? After all, Kodak was world famous for their great-sounding earbuds, and Sunbeam had an amazing line of audio speakers back in the 50s-70s.

[Fark user image image 691x409]
[Fark user image image 537x562]

1: if I recall correctly, Kodak sold off parts of their photo business to a Chinese company. Should have gotten some pro packs of their 35mm when they were cheap.

2: I miss Ocean State Job Lot.


There's at least 4 OSJLs I go to on a (somewhat) regular basis (probably 5, but I don't normally go to Fall River).
 
2020-08-09 10:54:37 AM  

Xavier99: I recall that the stock trading volume for the company days prior to the announcement was wildly above recent daily averages - Everyone in the know made tons of money here.


Anyone buying it had to know they needed to get out of their position before the music stopped. Who winds up holding the bag in these scams? Is it little guy investors who think they can time the market?

/isn't it always?
 
2020-08-09 11:07:46 AM  

Schlubbe: Xavier99: I recall that the stock trading volume for the company days prior to the announcement was wildly above recent daily averages - Everyone in the know made tons of money here.

Anyone buying it had to know they needed to get out of their position before the music stopped. Who winds up holding the bag in these scams? Is it little guy investors who think they can time the market?

/isn't it always?


So, likely a few Farkers.
 
2020-08-09 11:31:59 AM  
Could somebody go to jail for once? Please?
 
2020-08-09 11:37:10 AM  
We saw the pump.. here comes the dump..
 
2020-08-09 11:48:17 AM  
Meanwhile, your Trump loving uncle has a net worth of -$22. Ha ha!
 
2020-08-09 2:30:05 PM  
Really? I figured no one would bat an eye at how trading volume ballooned a day before any announcements were made about the deal. Maybe this will be one of those times the SEC surprises me by functioning.
 
2020-08-09 2:57:59 PM  
A government "Of the LLC, by the LLC and for the LLC"...
 
2020-08-09 9:06:32 PM  
You just know Trump or someone in his family tipped off some people ahead of the announcement, or Trump blabbed it in earshot of the breakfast buffet at Mara-sluggo.
 
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