Eastman Kodak: Why I Was Right

The following video is part of our "Motley Fool Conversations" series, in which consumer-goods editor and analyst Austin Smith and Motley Fool writer Isaac Pino discuss topics around the investing world.

In today's edition, Isaac discusses a recent article where he suggested selling Eastman Kodak (NYSE: EK  ) stock. A week after his prediction, reports indicate bankruptcy could be just around the corner for Kodak. Despite CEO Antonio Perez's efforts to enter the printer business and sell off patents, Kodak remains unprofitable and cash-strapped. Isaac and Austin address the reasons for Kodak's struggles and the possible bankruptcy scenario.

Although Kodak is on the ropes, there is another stock we've uncovered that is just entering the ring, we've dubbed it: "The Motley Fool's Top Stock for 2012." We've created a special free report for investors to uncover this soon to be rock star. The report highlights a company that is revolutionizing commerce in Latin America, and you can get instant access to the name of this company by clicking here. Thousands have already requested the report, which is free today, but it won't be forever so Click Here to access it now.

Motley Fool newsletter services recommend IMAX. Austin Smith and Isaac Pino have no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy

Read/Post Comments (4) | Recommend This Article (13)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On January 06, 2012, at 4:31 PM, cookinnanta wrote:

    If Perez really has something up his sleeve, the first thing he should do is get with some banks to buy his stocks and squeeze play the shorts :)

  • Report this Comment On January 06, 2012, at 8:14 PM, jerr1 wrote:

    Really if you beleive kodak is broke ill sellya the golden gate bridge. How do you know who leaked story they fired messager so youll never know coul dbeen delibratly to cause stock to go down before earning annouced. That away they make money before earnings are released after when they annouce stellar 4th quarter11.Just another conspirsy an people are buying it . Why are news telling people to sell their stock an who telling the news companys to tell people to sell their stock if kodak says there not filing. This is full of smoke an mirros ,good cop bad cop playing the stock holders for pennys left to stock.

  • Report this Comment On January 06, 2012, at 8:23 PM, jerr1 wrote:

    What is happening is classic case of stock market munipultion by creating a false rumor to cause stock go down knowingly know 4th quater for kodak was good. Who ever is shorting stock knows ,will probley buy in just before earnings annouce double their profits making triple their gains . Mean while sec sits idle by an allows it to continue as nothing is happening . Why isnt goverment protecting share holders who dont know what is happening to the stock or is sec in on this also.Sec cant be blind enough not to know what is happenng

  • Report this Comment On January 06, 2012, at 11:09 PM, trysson wrote:

    jerr1: please post a picture. A picture is worth a thousand words.

Add your comment.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 1753775, ~/Articles/ArticleHandler.aspx, 10/26/2016 8:00:12 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 10 hours ago Sponsored by:
DOW 18,169.27 -53.76 -0.30%
S&P 500 2,143.16 -8.17 -0.38%
NASD 5,283.40 -26.43 -0.50%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

10/25/2016 4:02 PM
KODK $15.09 Down -0.28 -1.82%
Eastman Kodak CAPS Rating: No stars
HPQ $13.90 Down -0.07 -0.50%
HP CAPS Rating: ***
XRX $9.61 Down -0.07 -0.72%
Xerox CAPS Rating: ****