Seeking Alpha

Shane Zhao

 
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  • Prepare To Buy Kodak [View article]
    Paulo, if EK does file bk, are you expecting them to file before or after earning release this month?
    Jan 6, 2012. 03:30 PM | Likes Like |Link to Comment
  • Prepare To Buy Kodak [View article]
    the article is about a possible trade if a bk situation happens.
    Jan 5, 2012. 06:51 PM | Likes Like |Link to Comment
  • Prepare To Buy Kodak [View article]
    It is not about the fundamental or the technical analysis of EK.

    The point that Paulo makes here is a common fact that usually happens to a bk stock. Initial shock + short covering+ the hope of some sort of miracle= a quick bounce up.
    It may or may not happen to EK. but if it does happen, the payout can be rewarding. You have to weigh the risk and rewards to decide if you want to risk you money to do this (if it does happen).

    You also need to pay attention about any news regarding how long the company be listed on NYSE. there was news about NYSE allows AMR stay listed right after bk news.
    Jan 5, 2012. 06:39 PM | Likes Like |Link to Comment
  • Prepare To Buy Kodak [View article]
    It will be interesting if EK does not come out and clear the bk rumor in the next couple days.
    Jan 5, 2012. 01:12 PM | Likes Like |Link to Comment
  • Prepare To Buy Kodak [View article]
    Paulo,

    Glad that there is someone using the same strategy I use too. I had $2 put contracts on AMR and made a large profit right after the bk announcement. Then I used the profit to buy AMR at 28c, sold it a few days later at 69c. I didn't sell it at the highest, but it was the easiest quick double ever.
    Jan 5, 2012. 12:34 PM | Likes Like |Link to Comment
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46 Comments
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