"A Closer Look At The Kodak Chairman's Stock Purchases As Shares Rally 1,500%" "Suspicious Trading"

Discussion in 'Stocks' started by JesseJamesFinn1, Jul 29, 2020.

  1. https://www.benzinga.com/news/20/07...airmans-stock-purchases-as-shares-rally-1-500




    https://www.benzinga.com/news/20/07...uspicious-trading-activity-ahead-of-drug-news


    "
    Benzinga's PreMarket Prep co-host Dennis Dick said on Tuesday morning’s show that he noticed some suspicious trading activity in both the Kodak stock and options market on Monday ahead of the news.

    “All I want to know is who got the memo yesterday? Look at the pop on this thing yesterday ahead of the news. That’s a big candle. That’s the biggest up move it’s had in two months,” Dick said.

    What Happened? Kodak shares were up 25% on Monday ahead of the big news. Kodak’s legacy business was producing cameras, but it has since pivoted to blockchain and now is planning to produce generic drug ingredients, the company said.
     
  2. ZBZB

    ZBZB

    It was on twitter on Monday so was public information.
     
  3. guru

    guru

    Just searching Twitter for Monday's news on $KODK, and there is some stuff after hours, but don't see anything during the day. The stock was slowly going up all Monday, but on very low volume.

    This Tweet is one of first reacting to the news on Monday and looks interesting though:

    upload_2020-7-29_14-24-55.png
     
    Last edited: Jul 29, 2020