Hertz?

Closed Thread
Thread Tools
  #1  
Old 05-14-2021, 10:04 AM
44Apple 44Apple is offline
Senior Member
Join Date: Jan 2016
Posts: 213
Thanks: 410
Thanked 239 Times in 72 Posts
Default Hertz?

Should I sell my Hertz stock? I bought it very low and it has been on the rise.
  #2  
Old 05-16-2021, 03:06 PM
lkagele lkagele is offline
Senior Member
Join Date: Jun 2015
Posts: 266
Thanks: 0
Thanked 546 Times in 195 Posts
Default

IMO, not a real stable investment and I'd take profits. The business model of turning over its fleet every couple of years isn't optimal. It was proceeding with bankruptcy but then two entities started a bidding war to buy it. The bankruptcy court just gave approval to one of the bidders. The rise you've seen is undoubtedly due to the bidding war. Not sure if the plan is to take it private or what.
Closed Thread

Tags
hertz, sell, stock, bought, low


You are viewing a new design of the TOTV site. Click here to revert to the old version.

All times are GMT -5. The time now is 11:06 AM.