Past performance does not predict future results. Informational only, not investment advice.
Hertz was trading as a meme and the author successfully bet against it with puts, expecting the stock to fall and profiting from the move despite suboptimal execution timing.
HTZ appears undervalued at current levels with much of the bad news already priced in. If the company improves fleet management and achieves normalized profitability despite debt and depreciation headwinds, shareholder value could improve materially, especially if used-car values normalize.
Author is all-in on HTZ after successful day trading the stock and options. Currently holding position with intent to sell at higher prices for gains.
Hertz will experience significant upside next week when short sellers are forced to cover approximately 97 million shares. The author holds calls expiring next week, viewing today's 50% gain from $1.70 to $2.20 as validation of the thesis rather than a sell signal.
Author invested $212k in Hertz a few weeks before posting, citing heavy DD based on SEC filings. The position implies conviction in upside potential, though specific catalysts and timing are not detailed in this excerpt.
Hertz is deeply depressed due to past mismanagement and debt, but the company only needs to stabilize operations to benefit from mean reversion. With expectations already in the floor, even a halfway competent turnaround could drive significant stock appreciation.
Short sellers will eventually be forced to cover their positions, driving the stock higher through a buying squeeze. The author expects maximum pain for shorts to occur by end of day or shortly thereafter as the unwind happens.
Author is aggressively long 17,250 shares of Hertz on margin, betting on upside from the current price.
Author is taking a bullish position on Hertz, having entered after-hours. The post suggests conviction in near-term upside with a YOLO-style bet.
Author plans a $40k entry into HTZ in the early days following a catalyst, with the strategy of riding momentum for near-term gains and exiting near 12-month highs.
The author expects Hertz to run from current levels back to $5-7 per share driven by short interest squeeze dynamics. Position includes 10,000 shares and 100 call options at $3 strike expiring 8/21.
Hertz has massive short float (31.2%) that could trigger a squeeze. Recent earnings beat on profitability with 8% YoY revenue-per-unit growth, and shorts eventually buy back if sentiment improves, potentially driving upside.
Author is bullish on Hertz (HTZ) and has gone all-in with their life savings after observing price momentum this morning. The post implies conviction in the stock's continued upside despite thin fundamental reasoning.
Hertz has been oversold at ~$1.70 despite beat earnings ($2.4B revenue vs $2.28B est, -$0.11 EPS vs -$0.24 est) and strong RPD growth. With 75% of float sold short and only 5 days to cover, short squeeze potential could drive the stock to $3+ next week.
End of results.