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Forum - Eastman Kodak Company - EK   

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From: theAlpha (Rep: 0) reply to theMagicianDate: 09/26/2011 12:25
Forum: Eastman Kodak Company - Msg #439Thread #673299940 (Rec: 0)
Re: have stops $1.75, gettin bitch slapped here today, co does normal cash flow m...

Does EK have a history of tapping the credit line this time of year? Why when they already have so much cash on hand?

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Reply to theMagician - Msg #438 - 09/26/2011 12:10

have stops $1.75, gettin bitch slapped here today, co does normal cash flow mgmt for xmas and stock drops 25%, strange mkt

cos tap credit line this time of the yr to manage cash flow especially when they do 50% sales in 3 months, gonna end up being 100% overnite nightly and jsut scalpin intraday
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