Today's Hard|Forum Post
Today's Hard|Forum Post

Wednesday January 10, 2018

Kodak Announces KODAKCoin and Stock Doubles

More and more it seems like cryptocurrency is the buzz word investors are looking for these days and this held true yesterday when Kodak announced their new cryptocurrency, KODAKCoin. Investors liked this news so much (WARNING auto play video) that Kodak stock doubled. By the way, the new coin is for photographers and is going to be used on their image rights management platform. However, I think this is getting out of hand. A fool and his money are soon parted.....

News Image

Several other companies in recent weeks have been rewarded with sharp rises in share price after announcing their transformation into cryptocurrency businesses.

"This is getting ridiculous," said Dennis Dick, a proprietary trader at Bright Trading LLC in Las Vegas. "From a fundamental point of view, none of this makes sense."