Kodak CFDs

[Guest]

I hold 100kodak CFDs short.

I am advised I must exit the position.

What are my options ?

 

[Caseynotes]

This is a very important post for anyone with share positions. Kodak suddenly announce a new crypto coin plan issue, price goes from 300 to 1300 within 5 hours, now pulled back to 820. If stuck in a short position what to do, how far will price pullback? Back to 300? Will the news story be amended? Kodak also recently announced the release of Kodak Kash Miner, a bitcoin mining rig to lease. ($3300, split proceeds with Kodak).

 

There is no fix ,  ? hold as long as possible so long as price is still pulling back but doubtful it will return to  300.

Any advice would be gratefully received.

 

https://www.cnbc.com/2018/01/10/kodak-shares-have-more-than-tripled-since-announcing-kodakcoin.html