Replies to post #174 on The Auto Board

[MWM]

It initially did. Icahn owns over 30 million shares. Bounced from $3 back over $6?

Now they are all back into the every car rental place is going bankrupt mentality.

I play options so that was a short term trade for me.

[Botley46]

My experience is Icahn actually encourages BK. Then he cleans up mess with assets worth more than equity and makes a fortune. Not sure how yet, but he no dummy and will make money. Shareholders will get hurt and should have been out when warning of bills not getting paid. Also the hiring of firm for BK consideration.Many red flags.

[MWM]

Got your bounce, hope you took profit lol! Crazy market!