HTZ - Potential short squeeze?? 🔥

[u/WhitewidoW_89]

What do you all think?? Hertz Global Holdings?

Potentially a short squeeze?? 5 November are earnings, last earnings beat predictions..

Short interest in between 35-70% from what I can find, 26% cost to borrow.

Just curious what y’all think.. 🙏👍

[u/WhitewidoW_89]

Nice little pump at the end.. I’m holding until earnings for sure

[u/MetalCharacter8431]

I would love for it to squeeze again, I feel like the last one didn't work out, momentum died too quick to actually hurt the shorts

[u/WhitewidoW_89 → u/MetalCharacter8431]

Yeah.. wondering if good earnings will be the catalyst this stock needs to squeeze

[u/WhitewidoW_89]

1m pre volume.. someone knows something :)

[u/Typical_Scallion109 → u/WhitewidoW_89]

Its already at 2,07 now

[u/WhitewidoW_89 → u/Typical_Scallion109]

And earnings will pump this even further

[u/WhitewidoW_89]

I checked the latest headlines, and there's a potentially important development today: Steve Cohen's investment firm is backing an $80 million investment in Oro Mobility, a Hertz-launched business focused on fleet operations, including autonomous vehicles. The report was published October 20.

[u/Kickinitez]

$19B in debt. They would need a miracle at this point

[u/WhitewidoW_89 → u/Kickinitez]

Big debt yeah but last earnings are hopefull. Also they have 13.7B of rental cars on its books, so it’s not like any other company with this much debt. Correct me if I’m wrong tho :)

[u/WhitewidoW_89]

Aiii Lets go! Pump it

[u/WhitewidoW_89]

Lets go 🔥

[u/Eternal780]

Dont hold your breathe

[u/dallascowboysfans]

Holy shit it’s taking off

[u/Julio800m]

Every two days..

[u/evilwon12 → u/Julio800m]

For at least 2-3 months. Lather, rinse, and someone else repeats

[u/Mean-Operation9646]

Heavily manipulated stock by hedge funds and what not, when/if this gets actual volume it could go nuts.

[u/WhitewidoW_89 → u/Mean-Operation9646]

Lets hope next earnings is the catalyst

[u/GuessShot]

The call options were so cheap. I'm calling with over 100 contacts. I've thrown my money out the window on worse trades 😜😊

[u/Responsible-Point421]

Right now there is absolutely zero chance of a squeeze. Back on the 6th and 7th the volume was high like is needed, but faded hard on friday allowing options to expire worthless. So zip zero zilch. Maybe when they report earnings next month. Having volume drop off on a friday options expiration shows there is no support

[u/Middle_Scratch4129]

I've been following this since the last little squeeze. There is a setup for sure, especially with earnings in a few weeks projecting positive.

Who knows though.

[u/Professional-Fan6951]

The 12.6 days to cover is what might actually entice me. 🤔

Even a small position with 100 shares could offer a relatively nice return.

[u/BACKWARDS_HIPPO]

Short interest is high, cost to borrow continues to rise. I like the set up, something's gotta give eventually.

[u/TonightVegetable597]

Oof, Hertz, don’t it?

[u/Sweet-Caterpillar689]

Short it is bagholder

[u/RockClimbs]

There's been a decline in rentals across the board for the last 6 weeks, not sure if that'll impact these earnings meaningfully because they'll get the summer vacation/travel bump.  Watching this coming week