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A comment on Kodak announces ICO, stock jumps 44%. Parent comment

Re:Kodak announces ICO, stock jumps 44% by JetSetWilly on Wednesday January 10, 2018 @05:36AM (#16113939)
All you have to do in this case is short Kodak though. Their price increase is a helpful proxy for crytpocurrency enthusiasm, in the regulated arena you mention. You don't have to short a currency directly.
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Re:Kodak announces ICO, stock jumps 44% by mikestew on Wednesday January 10, 2018 @12:06PM (#16116648)
Or buy April puts at a $5 strike price for $1, which I did this morning. Corpse of a company goes from $3 to $10 overnight? Should be a no-brainer. We’ll see come April. :-)
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Re:Kodak announces ICO, stock jumps 44% by gallerdude on Wednesday January 10, 2018 @02:21PM (#16118005)
I’m setting a reminder, best of luck to you!
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Re:Kodak announces ICO, stock jumps 44% by mikestew on Wednesday January 10, 2018 @03:07PM (#16118520)
It was briefly up to almost $13 after I bought the contracts. sigh, silly irrational markets. But April is a long way off, and they have an earnings report before then. Check back on options expiration in April!
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