I don't know if anyone has been following the Kodak story, but it's hilarious!
Somehow through some mafia-like shenanigans they managed to get the US government to promise them $760 million. This sent the stock through the roof (insane returns). Now the money has been blocked and the stock is taking a massive beating.
This is a good example of why buying single stocks is never an investment, but purely a gamble. Never jump on a hyped up stock thinking you're 'investing'. You're gambling.
If you want to invest, buy the economy (or sectors you believe in) in the form of inclusive ETFs.