Filed under: Company News, Stocks in the News, Investment

You’ll be seeing plenty of stories detailing Eastman Kodak’s (EK) bankruptcy filing, how the company got to this point, and speculating about what will happen next. My advice is simple: Stay away from this stock if you know what’s good for your portfolio.

The photography pioneer’s decision to enter into Chapter 11 bankruptcy protection came as no surprise. The cash-strapped and recently profitless icon had been circling the drain for months. Kodak was down to selling patents and assets to…

Eastman Kodak: This Stock Is Probably Going to Zero originally appeared on DailyFinance.com on 2012-01-19T13:40:00Z.

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