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.

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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.

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