The tragi-comedy we are all living reached new heights of the absurd when, last week, Kodak (yes, Kodak) was given nearly $800 million of federal funds for an unlimited supply of 35mm film to enter the pharmaceutical business. And, of course, their CEO just happened to get a monster option grant just a day before the announcement. In any event, I suspect the price will follow the same path it did during the last absurd pivot (crypto, a couple of years ago). It’s already down 75% from last week’s peak. What a joke.
