New York, NY -- (SBWIRE) -- 12/11/2012 -- Eastman Kodak Company (OTCQB: EKDKQ), a picture and printing company, is down in trading today, reversing some of the gains from the previous trading sessions. EKDKQ is currently trading 1.19% lower at $0.250 on volume of 1.61 million. Still, the stock is up more than 22% in the last three trading sessions.
EKDKQ finished in each of the previous four trading sessions amid reports that the bankrupt company received $500 million bid for its patents. EKDKQ has been looking to sell its portfolio of digital imaging patents since filing for bankruptcy earlier this year.
EKDKQ has slipped from $0.25 resistance level. The stock could continue to slide before finding support at around $0.20.
Find out more about EKDKQ here: http://www.monstertradingalerts.com/market-scan/?symbol=EKDKQ
iMing Corp. (PINKSHEETS: IMNG) is down sharply in mid-day trading today, following a week-long rally that saw the stock gain more than 80%. IMNG, which is focused on becoming a leading provider of set-top boxes throughout Asia, has been rallying since last week after the company announced that it is preparing to enter the $9 million set-top box/Web TV market in China.
On Monday, the stock gained more than 18% after the company announced that it plans to open an e-commerce online retail store. However, the week-long rally has come to an end in trading today, with the stock currently down 16.52% to $0.935. IMNG has slipped below its 50-day and 200-day moving averages in trading today, which suggests that the market sentiment has turned bearish on the stock.
Find out where IMNG could be headed by getting the free full report here: http://www.monstertradingalerts.com/market-scan/?symbol=IMNG
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