Past performance does not predict future results. Informational only, not investment advice.
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.
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