Hertz likely using negotiating tactics before earnings announcements. They lightened their workforce and took appropriate steps to weather the upcoming storm.
I doubt they will announce bankruptcy and when they don't this will shoot right back up to where Karl Icahn's DCA is around $7-8
Huge reward and little risk if you don't believe bankruptcy will happen.
I doubt they will announce bankruptcy and when they don't this will shoot right back up to where Karl Icahn's DCA is around $7-8
Huge reward and little risk if you don't believe bankruptcy will happen.