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Sep 30, 2011

Kodak Is on the Verge of Being Worth Zero Dollars

Have you taken a look at Kodak's stock today? Get a good look while you can, because it's shitting the bed worse than a disemboweled E. coli patient-already down 60%, to less than a dollar. This is how it ends.

We've known the company's in dire financial shape, but this looks like the beginning of the crew abandoning ship. You can't even order off the Dollar Menu with a share of Eastman Kodak. At a certain point that I doubt is too far off, there's not going to be any value left. Their lawyers might soon be charging up their camera phones for bankruptcy court.
 
 

5 comments:

Electric Addict said...

good things must come to an end

R.gers said...

Wow, that is worse than bad.

Dylanthulhu said...

That was the best simile I have EVER read. O.O

YeamieWaffles said...

Very bad for Kodak, it really is. I was never aware they were doing so bad. It's pretty sad.

fatbloodyfinger said...

Well, I guess they moved too slowly from film.