So=transparent,lackey-writers-churning-endless-drivel-to-hold this down, determined to create self-fulfilling prophecies for the billionaire, hedge funds and those who believe "experts know best." Benziga's putting out a "Princeton economist warns" piece now, who gives AF! Dude should stay in his hallowed halls with his books, this is the trading market we're talking about not Keynsian economic theory.
If they're really so sure of themselves why not leave it be, laugh at the bagholders? Because they're not laughing, they're scared AF pf a short squeeze pop with no shares being added, float 40% short & borrowed.
It's their intervention even via SEC lackeys that's sowing confusion but PPS holding well & consolidating at lows considering, they haven't been able to generate the mass dumping they hoped - little for sale. Some selling of small quantities to hold PPS down.
Fact is that Hertz is also an emotional brand that GenX as well as Millennials have grown up with, who do you price-check first renting a car? Dollar, Thrifty also all related. With so much uncertainty in the world right now, economic and social chaos, many are saying they are investing in the company for a reason, not to lose a 102-YO icon, not just a quick pop.
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