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  • Hey all, just changed over the backend after 15 years I figured time to give it a bit of an update, its probably gonna be a bit weird for most of you and i am sure there is a few bugs to work out but it should kinda work the same as before... hopefully :)

Kodak warns it may be delisted from the NYSE, might not recover.

Tom Lowe said:
I wonder if Jim might be able to snap Kodak up for a song, if he times it right? Then again, he'd have to calculate what the "Kodak" name and patents are even worth any more. Certainly, there might be some kind of "circle of life" elegance to Jim acquiring Kodak.

In my opinion, the way Kodak has been mis-managed over the last decade borders on criminal negligence. A sad state of affairs for a legendary company.
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Current market value is a mere $126 million. Affordable. Only problem is it is burning cash. Acquiring it would be a quick way for RED to go public. Like you said, though, one would have to know what value there is in the patents and IP, along with the value of the brand. :confused1:
 
George Butterfield said:
You can always short ARRI today.
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If was going to short anything today, it would be General Motors and Bank of America, but the problem with shorting those stocks is that the US government might intervene again. America is anything but a free market these days.

I would not short Arri just yet, mainly because they have demonstrated an ability to react to changes in technology, unlike Kodak. Shorting is risky business, so you have to be sure about it.
 
:wink5:
George Butterfield said:
You can always short ARRI today.
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I'm not so sure about this: maybe because Germany has lowest unemployment in 20 years while, pretty much, the rest of Europe the highest in history...:wink5:
In their spare time while not spying on us of course they actually are doing something right-maybe even worth learning about....
 
RED should never go public. the markets destroy as many good companies as they help. the markets only concern is short term profit not long term sustainability. red is a medium to long term kind of company. its easier to be nimble when you're not worried about what the market wants
 
Terry VerHaar said:
Current market value is a mere $126 million. Affordable. Only problem is it is burning cash. Acquiring it would be a quick way for RED to go public. Like you said, though, one would have to know what value there is in the patents and IP, along with the value of the brand. :confused1:
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Cool idea, although it would make sense just to park those assets until someone like Jim figures out a game plan going forward. The interest on patents/residuals after the bankruptcy might pay off.
 
It would be crazy if it turned out that some big Jim Jannard or Gordon Gecko type figure was smart enough to short Kodak all the way to 25 cents a share, then use the short proceeds to scoop the company up for a song and turn it around.
 
Tom Lowe said:
It would be crazy if it turned out that some big Jim Jannard or Gordon Gecko type figure was smart enough to short Kodak all the way to 25 cents a share, then use the short proceeds to scoop the company up for a song and turn it around.
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Problem is all the retiree benefits ... and that horrible run rate ... i think it will have to go belly up first ...
 
PatrickFaith said:
Problem is all the retiree benefits ... and that horrible run rate ... i think it will have to go belly up first ...
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I guess the buyer would need to wait until bankruptcy proceedings had officially begun? It would not be possible to buy the company, then bring it through bankruptcy, would it? By the way, I am not suggesting to screw the retirees and pensioners.
 
Jeff Kilgroe said:
I'm amazed that people still hold Kodak stock. Must be die-hard supporters, employees and officers with stock option plans and the few who couldn't see the forest for the trees and now just figured they will ride it out. I'm betting Kodak will be acquired by another camera or technology company looking to absorb their patents and other IP.
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+1 ...
 
POLAROID..... same deal,

They saw it coming a mile away like a slow motion car crash and never jumped out the way.

Upper level Kodak management need the heads chopped off over this!

Very sad.
I feel for all the employees... and the city of Rochester.
 
Tom Lowe said:
I wonder if Jim might be able to snap Kodak up for a song, if he times it right? Then again, he'd have to calculate what the "Kodak" name and patents are even worth any more. Certainly, there might be some kind of "circle of life" elegance to Jim acquiring Kodak.

In my opinion, the way Kodak has been mis-managed over the last decade borders on criminal negligence. A sad state of affairs for a legendary company.
Click to expand...

Can't agree more on that Tom...
 
I think the really sad thing isn't just that they're going out of business, that's simply how the song goes once your company reaches a certain point, but that a great deal of knowledge is just going to be lost or stored away in some archive and be forgotten -- I really wish some entrepreneurial company would make sure they got a better fate than that.
 
Tom Lowe said:
I wish I would have shorted this stock a couple years ago. I would be filthy rich right now. Only trouble is, I did not have the cash to do it.
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A few years ago you could have legally shorted the stock, it did not cost anything to short, the cost could be closing the transaction in a volitile stock- Going long costs money!
 
Stephen Williams said:
A few years ago you could have legally shorted the stock, it did not cost anything to short, the cost could be closing the transaction in a volitile stock- Going long costs money!
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Sorry but I believe there has always been a margin requirement when shorting stock. Shorting stock requires that you "borrow" the shares you are selling short and for that, you have to put up margin.
 
Tom Lowe said:
I guess the buyer would need to wait until bankruptcy proceedings had officially begun? It would not be possible to buy the company, then bring it through bankruptcy, would it? By the way, I am not suggesting to screw the retirees and pensioners.
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You can buy shares in the market at any time it's traded, you have to bid once you own a cirtain percentage, however people don't have to accept your offer.
 
Terry VerHaar said:
Sorry but I believe there has always been a margin requirement when shorting stock. Shorting stock requires that you "borrow" the shares you are selling short and for that, you have to put up margin.
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Historically you could always trade in the account, not so easy today, Tom was talking about the past.
 
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