Eastman Kodak


The 3 Top Penny Stocks to Buy Now with 488% Return Potential

Penny stocks have gotten a lot of attention from the media this year.

We have seen Robinhood investors drive some ridiculous moves in low price stocks that ended badly when reality interceded… One of the best examples this year is Eastman Kodak Co.


The stock went from being an irrelevant $2.10 bankrupt company on July 24, to as high as $60.00 per share just five days later on July 29.

This insanity was driven by speculative retail investors who probably didn't start buying until Kodak was $10 or more… And if they haven't exited the position yet, they're sitting on some pretty hefty losses now that KODK is only trading for about $8 per share.

All that being said, this does not mean we should quit looking for low priced stocks with the characteristics that could lead to massive gains.

When these low-priced stocks begin to move, and the big institutional money realizes these are real companies with growing profits and sound balance sheets, their buying pressure can drive the shares higher than you ever imagined…



How to Avoid the Market’s Stimulus “Kodak Moment” and What to Do Instead

Back in my college days as a chemical engineering student, I found myself driving down to Kingsport, Tenn. I was due to start a cooperative education job at the Eastman Kodak chemical plant there.

I remember looking at the biggest chemical plant in the world with awe (13,000-plus employees at the time). Kodak sold off its chemical business – now Eastman Chemical – in 1994.

This former employer of mine has been in the news a lot lately. Through a $765 million loan from the Trump administration, it was set to revive the U.S. pharmaceutical industry.

As the news hit and the Robinhood trading crowd piled in, shares soared from $2 to more than $60 in two short days. Hope and optimism ruled.

A few days later, reality set in. The stock cratered. It's now around $10 and trending down.

This is an example of what we in the trading world call "Buy the Rumor, Sell the News."

When a rumor first hits the news feeds, it creates excitement and optimism. Stocks rise, and other traders don't want to miss out.

But things are rarely as rosy as they look at first glance. Once reality sets in, excitement gives way to reason. People start looking into the actual details of the matter.

And more often than not, it turns out that in their excitement, traders overshot.

Kodak's pharmaceutical loan was one example.
But that's small potatoes compared to what's coming next. Kodak was just one company.

This time, stock markets as a whole could be in for a "sell the news" moment. That's why today, I'm going to show you how to avoid the hype and what to do instead to come out on top… Full Story

This time, stock markets as a whole could be in for a "sell the news" moment. That's why today, I'm going to show you how to avoid the hype and what to do instead to come out on top...


This Is the Key to Long- and Short-Term Gold and Silver Gains

Precious metals like silver and especially gold have had a stellar year, to put it mildly.

The physical bullion-backed SPDR Gold Trust ETF, probably the easiest way to invest in gold, is up more than 30% this year.

If you bought it at the March bottom, you'd be up even more, nearly 37% or so.

Since the last great gold bull market ended in 2011, this is the most movement (and most profit) gold investors have seen.

It's undeniably exciting.

Thanks to the bull run, gold seems to be everywhere; Wall Street is talking about it again, ads for gold are everywhere on television, and mobile app-based traders are piling in.

In the long term, they're absolutely right: Gold and silver will keep rising, and I'll show you why.

But do not join the crowd. At least not yet. What's unfolding right now will burn many overeager traders before it creates a big buying opportunity.

The real short-term opportunity I'll show you in a minute holds even bigger profit potential, and it won't be long in coming… Full Story

The real short-term opportunity I'll show you in a minute holds even bigger profit potential, and it won't be long in coming...


Here Are This Week's 10 Top Penny Stocks to Buy

Investors chasing stellar returns and low entry costs often turn to penny stocks to bolster their bottom lines.

However, it's incredibly difficult to identify which of the 2,800 penny stocks trading on the major indexes are worth buying. Most lack the solid financial that define winning investments.

In order to help Money Morning readers find the top penny stocks to buy right now, we're taking a close look at last week's top penny stocks.

Trading Strategies

What I Need to See from General Electric's New CEO

On my desk in my office here at Money Map Press is a yellowed newspaper clipping from mid-November 1997 – a Page 1A story featuring my byline.

I've kept this clipping for all these years because it was the last big "scoop" that I got for Gannett Newspapers in Rochester – right before I left for a job here in Baltimore.

I'd been covering the corporate flailing of the once-great Eastman Kodak for nearly five years – a journalistic vision quest that took me from Upstate New York to Silicon Valley, Hollywood, Japan, and even China.

The story that I broke that November was about a soon-to-be-announced corporate "restructuring" – a $1 billion, 10,000-layoff cost-cutting plan that Kodak was planning to share with Wall Streeters at a New York "event" the following Tuesday.

I didn't realize it at the time, but what I'd really written… was Kodak's epitaph.

The company's prospects had seemed much better four years earlier, after a huge shake-up at the top.

I still remember that brighter moment, when I was seated in the executive offices on the top floor of Kodak Tower in Rochester, N.Y.

Across the conference table from me was George M.C. Fisher, Kodak's just-appointed CEO and a vaunted "fix it" guy who was the first-ever outsider to lead the company.

I was there to interview Fisher. The topic on the table: the film giant's possible turnaround.

I was sitting in the room with a very shrewd executive, brought in from "outside" to right the ship...

Trading Strategies

How Not to Lose Everything and Die Broke

We've just been through a very healthy post-election rally that pushed the S&P 500 up a bit more than 6%, as of this week.

The history buffs out there, like me, will note the S&P 500's "Trump Bump" was a little less than twice as powerful as the 3.7% shot in the arm Franklin D. Roosevelt's election dealt the index, but a bit less than half as potent as the ripping 13.29% rocket ride Herbert Hoover's victory "catalyzed" on the S&P 500 between his election in 1928 and his swearing-in. 

But… we all know how that rally ultimately played out for investors of Hoover's day.

At his inauguration on March 4, 1929, "the Great Engineer," as Hoover was called, could rightly boast of huge market gains. And of course barely eight months later, by Oct. 29, the U.S. stock market was a smoking ruin, closing the door forever on the Roaring 20s and lifting the curtain on the Great Depression.

Now, I'm not saying we're in for a repeat performance. Not at all. But I am conscious of the history, and as a dyed-in-the-wool contrarian, I'm inclined to prepare for the worst, especially if the good times are rolling. 

Besides, I agree 100% with our Chief Investment Strategist, Keith Fitz-Gerald, when he says that, "Chance favors the prepared mind."

So even if it's the farthest thing from your mind, there's no time like right now to take in a few of what we here at Money Map Press like to call "Downturn Lessons." They'll not only save you a lot of heartache when the weather changes, but you'll be in a much better position to make money at a time when nearly everyone else is losing it.

So let me share them with you...


Get Ready for Another Round of Triple-Digit Gains... Courtesy of the WTO

I remember a bitter global trade dispute from my days as a reporter, back in the 1990s – you might, too.

Rochester, N.Y.-based Eastman Kodak alleged Japanese rival Fujifilm was employing unfair practices – colluding with the Japanese government to create a "profit sanctuary," and erecting trade and distribution barriers – to dampen competition in Japan and abroad, and achieve dominance in the world photo products market.

From what I could see, anecdotally, Kodak's claims had at least some merit. The European Commission agreed, but the World Trade Organization didn't see it that way; Fuji was allowed to continue to press its advantage.

Winning the dispute made Fuji a bigger, bolder company. It invested in itself. I went on a tour of Fuji's Greenwood, S.C. plant, and it blew Kodak's facilities out of the water; it was "modular," modern, more efficient, and more easily able to adapt to fluctuations in market preferences.

Of course, the birth of digital photography soon made the dispute academic. We never got to see how it all might've played out.

Now, I mention all this because the WTO just issued another landmark ruling in a major international trade dispute with billions at stake.

I can't say history is repeating, though – this time, the organization sided with the American firm and against its rival in Europe.

That's great news for American industry, but especially for my readers. They've got the chance to reap a whole new batch of profits – after we've already seen peak gains of 157%.

We're backing the winning horse here, folks...