Hertz Global Holdings Inc (HTZ)

[deekshant]

Don't get influenced by Paid Media including Analyst

You should ask someone with a Wamu background to opine on this. Just for your info, WMI bonds traded at pennies on the dollar when BK was filed. Then these same very bonds traded at 100% on the dollar before someone (Nate Thoma) raised the issue of insider trading. And, as against selling them at full value in open market, they opted in to receive 70% on the dollar through Global Settlement Agreement. So, much for the media coverage and great analysis.

When Carl Ichan was increasing his stake to 40 percent he saw a value in Hertz, but, then, he sold at 72 cents, and no one asked him why did he then increase his equity earlier. He is the guy who shorted and leading the cabal to go private. Someone with no background can apply common sense and still be a better decision maker.

Ask yourself, why would the company leverage this option and do the shares really get diluted when they are marked Zero.