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KODK - Flash In The Pan As Kodak Share Price Set To Fall
Eastman Kodak Company Common New
On Wednesday the Trump administration announced the award of a loan to Kodak (KODK) which lead to a sharp rise in the stock price. For the reasons set forth below, I want to explain why the underlying transaction doesn't support a high valuation, carries risk of revision or reversal and the stock should trade back down under $10 even under the best case scenario.
1. Background on Kodak
Kodak is well-known brand name once familiar to all for producing the best-known camera film. The company filed for bankruptcy in 2012 and returned to