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Hertz?
Should I sell my Hertz stock? I bought it very low and it has been on the rise.
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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.
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