We have to say it was refreshing to hear the President announce the juicy loan to none other than Kodak. We studied them in biz school and the absolute management rigidity failing to see the digital age, anyway now seems like they are going into the Pharma biz! For those that missed our earlier thread, check it out but here is the chart of Kodak:
We aren’t sure how far this new $700m+ Defense Act loan will take it, but given the euphoric mania of today’s foolhardy investors let’s just say shorting this would be a death wish! So DON’T!
The GFBP continues to be in Hedged Long mode with patience dominating in front of earnings, but let’s check out the settlements for Tuesday July 28th 2020:
