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HTZ has doubled today

Posted on 6/5/20 at 10:57 am
Posted by AUHighPlainsDrifter
South Carolina
Member since Sep 2017
3083 posts
Posted on 6/5/20 at 10:57 am
I find this handy sometimes... Volume Leaders
Posted by RadarTiger
Member since Dec 2018
3297 posts
Posted on 6/5/20 at 11:02 am to
How long do y’all anticipate it will take to get to the pre Covid price
Posted by AUHighPlainsDrifter
South Carolina
Member since Sep 2017
3083 posts
Posted on 6/5/20 at 11:06 am to
quote:

How long do y’all anticipate it will take to get to the pre Covid price


Was trading at nearly $21 in February...it'll be quite some time before it gets back there, if ever. I'll be happy if it gets half way there by the end of this year, but with the huge decline in travel, that may be a while too. Just my $.02.
Posted by Hawgeye
tFlagship Brothel
Member since Jun 2009
30986 posts
Posted on 6/5/20 at 11:23 am to
frick getting in a bankruptcy.
Posted by AUHighPlainsDrifter
South Carolina
Member since Sep 2017
3083 posts
Posted on 6/5/20 at 11:28 am to
quote:

frick getting in a bankruptcy.


Meh! What's $19 billion in debt?
Posted by LSUTOM07
Baton Rouge
Member since Dec 2011
765 posts
Posted on 6/5/20 at 11:36 am to
quote:

How long do y’all anticipate it will take to get to the pre Covid price


You cant just assume it will get back to pre Covid price.
Posted by cwill
Member since Jan 2005
54752 posts
Posted on 6/5/20 at 11:39 am to
It's amazing to see BK companies rallying like this...even WLL is up 35%...solid fundamentals!
Posted by JDPndahizzy
JDP
Member since Nov 2013
6440 posts
Posted on 6/5/20 at 11:46 am to
quote:

It's amazing to see BK companies rallying like this.

I've never understood that phenom...
Posted by cwill
Member since Jan 2005
54752 posts
Posted on 6/5/20 at 2:26 pm to
Retail investors not aware of the bk and/or unaware that the equity is going to be wiped.
Posted by evil cockroach
27.98N // 86.92E
Member since Nov 2007
7461 posts
Posted on 6/5/20 at 2:44 pm to
so, buy puts right now?
Posted by HailToTheChiz
Back in Auburn
Member since Aug 2010
48945 posts
Posted on 6/5/20 at 3:11 pm to
quote:

Retail investors not aware of the bk and/or unaware that the equity is going to be wiped.
Posted by BigPerm30
Member since Aug 2011
25921 posts
Posted on 6/5/20 at 3:34 pm to
I may buy a couple thousand shares. Why not? What’s the worse that could happen? I doubled down on Sirius back in the day and made like 10x my money back. Just got to be prepared to lose the initial investment.
Posted by HailToTheChiz
Back in Auburn
Member since Aug 2010
48945 posts
Posted on 6/5/20 at 6:23 pm to
quote:

I may buy a couple thousand shares. Why not? What’s the worse that could happen?


Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
10400 posts
Posted on 6/5/20 at 10:08 pm to
quote:

so, buy puts right now?

2022 puts?
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
71069 posts
Posted on 6/5/20 at 10:21 pm to
quote:

You cant just assume it will get back to pre Covid price.



I always assume the pre Rona price is slightly inflated and the March price is artificially low.

Not a perfect system but I assume the actual value is the 75% point between the 52 week high and low. I'll buy if it's in the bottom half of that range.

I check the 10 biggest losers on the NASDAQ and S&P each evening. If I can buy low, the company isn't overleveraged, and there's good reason to think it will come back, I jump in. With airline and cruise stocks, demand will rebound while brick and mortar retail doesn't have the greatest long term prospects.
Posted by FMtTXtiger
Member since Oct 2018
3731 posts
Posted on 6/7/20 at 10:21 am to
if airlines continue to rise, i can't see HTZ not making a small run up.

Im watching this.
Posted by GeauxtigersMs36
The coast
Member since Jan 2018
7836 posts
Posted on 6/7/20 at 4:11 pm to
I asked when it was 40 cents a share and was told it was done. There’s great info on here. Sometimes it’s right sometimes it’s wrong. Thanks everyone on this board.
Posted by AUHighPlainsDrifter
South Carolina
Member since Sep 2017
3083 posts
Posted on 6/8/20 at 3:16 pm to
Someone is making a killing off this. I wish it was me!
Posted by boomtown143
Merica
Member since May 2019
6701 posts
Posted on 6/8/20 at 3:41 pm to
quote:

I asked when it was 40 cents a share and was told it was done. There’s great info on here. Sometimes it’s right sometimes it’s wrong. Thanks everyone on this board.


I agree!
Posted by FMtTXtiger
Member since Oct 2018
3731 posts
Posted on 6/8/20 at 7:37 pm to
I did sell off a little today to get most of my money back but looks like after hours it continues to run.



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