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So you borrowed shares at $4.04 and sold them? I'm assuming at a higher price if you could.
What does it mean you are short at $4.04?
It's oversold today? I wouldn't have thought that.
What is the current RSI?
Alright. Someone with a lot of experience and who has made a lot of money off stocks humor me for a moment. If a buyout does not happen, what is the realistic number this hits? If a buyout does happen, what is a realistic number this jumps to? Let this be realistic and not our dreams. I mean, if we get to dream this is turning into $20 plus so we are all millionaires...
What did you buy at? That way I know to wait for a price lower than that, lol.
For those who are saying the equity committee would be huge, how does news of this get out? I know we all know because some of you are listening to the case, but how does it get the attention of others that aren't already here?
What would that mean for us and why? Sorry for the questions, just trying to learn from you guys.
Thank you. Much appreciated it. That worked!
I have TD Ameritrade. Is level 2 under one of their prescriptions?
How can I see penny stocks without a 15 minute delay?
Hmmmm...my JCPNQ chart is showing up with a 15 minute delay. I've never had one do that before.
Where can you listen?
I haven't really been into trading until the coronavirus. I knew it was a great time to invest and somehow I have found myself with two BK companies. I missed the run because I couldn't pull the trigger on Hertz. I don't want to miss another one, but I also don't want to make an emotional decision. I don't know enough about Chapter 11 proceedings and how long everything takes etc. I'm wanting to put in a monster amount of my portfolio, just trying to get some wisdom from others.
So could current shareholders be left with their pants down today?
What’s happening in the court preceding?
How possible is it that over the next few days shareholders could get left with worthless stock? I know they filed for bankruptcy on May 15th, but I’m not familiar enough to know how long before all of that is finalized.
Throw that info this way when you get itnif you don’t mind.
Yep...all of us Hertzers need to run over there.
So they filed for bankruptcy on May 15th I believe. How long before all of that could be finalized and people holding shares have nothing?
Current RSI is in the .50’s? Seems like a lot have been running higher than that as of late. Shoot Hertz must have an RSI of a million right now.
I’m with you and I want to take the risk, but I also can’t let my Hertz frustration lead to a poor decision. Not sure what I’m going to do.
Happened to me today with Hertz. Missed out on at least $16k...but I didn’t lose any either.
I just read this link before seeing it posted here. What are everyone’s thoughts of JC Penny possibly being bought out by Sycamore?
I wasn't even watching Hertz at that time...I have been watching airlines, cruise lines, hotels, Waitr, and Avis. It never even occurred to me that Hertz may be less than Avis. I had no idea Hertz was where it was. I just happened to look at Hertz on Friday. Congratulations to all who are making A LOT of money. I hope you invested heavily at $0.90.
Dang. Almost pulled the trigger and bought a big amount at $3.30...too risky for me right now unless there is some news that came out that I'm not seeing. Seems to be making a huge run on...???
Anyone that bought under a dollar still around?
Question...where are you getting that number? Is that just your target price?
Sounds like it could be a HUGE money maker if a buyout comes. Any reliable sources on that or just some rumors?
Yes and the individual traders trumped the hedges on this one. Not a bad play for all who already flipped in the 20 plus range and coming back for reentry. Maybe it’s possible, but I would assume the shorts were too late. So, majority of them are still in or sold for a loss.
Just read an article about this being a buy. I see that this company was trading in the hundreds eight years ago or so and it has continuously went down. What’s the story?
Most of the volume buys?
I’m not seeing any bailout rumor news? Where are you guys seeing this?
So the people who have shares in Hertz right now...can you sell them since they have filed for bankruptcy?
Hopefully his makes a little run after lunch.
Wow, this one took off. How’s the RSI?
That makes sense. Sounds like the hedge funds firms were behind the individual traders on this one.
Hmmm. I would think that should keep it above $20?
That’s a heck of a lot of money to have to trade! Congratulations on being a millionaire...if you weren’t already one lol
Trying to find out if Frontier Airlines is publicly traded. I’m finding yes with FRNT, but not seeing anything. Anyone know?
I like the thought process behind $25. Hope it gets there.