HTZ Hertz Global: The Top Penny Stock Choice Among Hedge FundsOver the past year, insiders at Hertz Global Holdings Inc. (NASDAQ: HTZ) have been purchasing shares, with CEO Wayne West leading the way. His largest acquisition was a $1.1 million purchase at $4.46 per share.
The stock is now trading at only $3.03!
For a speculative trade, I would consider the $3 strike price calls expiring this Friday, priced at a $0.20 premium.
Hertz
HTZ Long Idea WC 27th JuneHertz has been moving sideways really since February. Holding up well in overall bearish conditions. Now showing bullish divergence indicating that momentum could be about to turn. There is horizontal support around the $15 mark, making this a lovely risk to reward play. There is resistance around the $20 and $24 mark but this has plenty of range for a longer term play. Keep it on your watchlist for the break above $20.
Hertz Ponzied - Gap Down Sell Off - Avoid the FOMOMeme stonks are about to collapse with crypto. Valuation matters. Rising rates US5Y new multi year highs. Finally. That's great for small cap gems.
Crypto & Meme Stonks to #cannabisreform
States Reform Act - Today 2pm ET
$KERN has the Compliance Data SOFTWARE. #thegem
how to #valueinvesting #investingnfts
Cup and Handle PlayHertz appeared to be filling the gap it created after briefly enjoying life as a meme stonk, but no. Instead it printed a textbook cup and handle, the likes of which I haven't seen on a real stock as opposed to making something up for demonstrative purposes. Even the nice cup and handles you see in the wild don't have this uniform volume profile through the cup.
Then comes the news that Hertz is set to spend billions on 100,000 Teslas. This kind of spend usually pushes a stocks price down in the near term but today we saw a gap up over the 9MA which was previously acting as resistance and is now support. After filling today's gap we are looking at a potential green close, which is crazy considering the hurting rental company's expensive announcement. Looking for around $35 by end of next week.
AVIS Budget Group - WTF Are You Doing - PonziA HERTZ RETRY... lol. Fun times. Try Rapunzl App by Nasdaq. Free App, real prizes. Learn to Invest before throwing your money at the HYPERINFLATED Crypto Ponzi Pogs & Stonks. *rising rates imminent
Great for QUALITY VALUE small caps!!
#cannabisreform
#thegem
CRYPTO TO CANNABIS. AGAIN!
Akerna $KERN has the Cannabis COMPLIANCE DATA. No shipping problems with SOFTWARE. (WINK)
GL
*THE FUTURE IS HERE. #metaverse with #bravebrowser. That's pretty neat!
HTZZ - Hertz / Brady SPAC King / EV's & AOs / DGsHTZZ is NOT a SELL until the AO -Re-peaks over 12.
As it vaults over Airport Chairs like OJ.
Wall Street wants the 40 then 50 handle.
Go Juice Go~!
By the Numbers.
Brady, the SPAC King of the NFL and arguably one of
the Greatest QB's to every play the Game...
Yeah, naw, he's playing Wall Streets Game.
HTZZ - CF / Elon's $50B One Day Gain / Etal...
$7 Billion in Bailout monies from US Taxpayers.
100K Model 3 Tesla's "reportedly ordered" - $4 Billion.
"Ordered" - subject to revisions.
The on-again / off-again 182,000 cars in its U.S. fleet
ON SALE NOW is reportedly going to assist in funding
Tesla Fleet rebuild.
Deliveries?
No Problem, scheduled out to 2026 or perhaps never.
HTZZ increased 68% for those HODLers who had the
inside Trade.
US Bankruptcy Court must approve...
Retraction ahead?
No Problem, the Court said we could buy 10,000 Model 3's.
Meanwhile, Elon's one-day Wealthy expansion on the news...
$51 Billion.
Hertz indicated it looked forward to building out its charging
network... why, no one bothered to ask.
The Greatest Show on Earth continues... for now.
Nancy declined to provide her Call Position in Tesla.
Elong believes it is the appropriate time to raise prices on
Vehicles and FSD by $5K.
Sorry Hertz, you pay MOAR - xoxo Schlubb
15m interval bullish RSI StochasticCompletion of elliot wave series and ABCD retracement
Finding its bottom
Upward Crossover of MACD
Last week was at $1, now $1.5
Momentum down is flattening and finding a bottom around $150 or fibs 38.2% to 23.6% -- a favorite place to accumulate for institutions -- these settings are for fib retracements between $1.05 and $2.95
Up From here. may be last chance to get in on this sucker at these lower levels, next line likely to jump to 3 and then fall back and hold at $2 again
Another Epicenter Penny Stock At A Cross RoadsHertz ( HTZ ) is back at a crossroads on its chart, this area has been heavily congested ever since the "big dip". As we'll know more definitive outcomes to its bankruptcy hearing later this month, it's going to be interesting to see if the epicenter penny stock can make new highs from here.
"Given the sentiment in the market late last week, Hertz stock traders took this as a big positive with shares soaring to highs not seen since June. Given that this isn't officially finalized yet, will HTZ stock be on your list of penny stocks to buy or avoid this week? "
Original Quote: Looking For The Best Epicenter Penny Stocks To Buy? 3 Names To Know
HTZ a social media pump case studyNow that #dogecoin is pumping because of #tiktok it reminds me of robbinhood traders pumping Hertz. A look at HTZ we see that social media did not result in sustainable gains and price went back to the natural bearish curve. A pump and dump.
Hertz - going against the crowd, buying the bloodHere we have a stock that exploded so hard in volume that it stood out among all others. Come to find out from further research they're going bankrupt. As they're attempting to sell stock, chairman Powell stops the trading on Hertz and on the same day he announced a shift that the fed is doing. They're switching from buying ETF's to buying corporate bonds/ supporting individual companies. We see this with the funding of Inovio. We're looking at a company that was completely affected by covid and they have a big role as a large company providing used cars to Carmax, Autonation and countless other dealers. Everyone thinks they will fail, this is the perfect opportunity for somebody to buyout the options, bring out the news, and buyout the stock causing a massive breakout.
I'm not a bullshiter so here is my position: imgur.com
HERTZ - Just stand aside/Hold based on Fundametal AnalysisHertz — The car rental company’s stock dipped 4% after the closing bell. Hertz, currently in bankruptcy proceedings, decided to issue up to $500 million in new stock that it said would likely end up worthless. Former SEC Chairman Harvey Pitt told CNBC Tuesday that regulators did not ever think investors “would be gullible enough” to buy “garbage” like Hertz’s bankrupt stocks.
No a lot to say on the Technical Analysis side
And so reality catches up...A couple of days ago, I highlighted an anomaly about bankrupt companies spiking up. Over the last two days, Hertz, being one of such, had a bearish harami, now a three inside down, candlestick pattern. This came after failing the 55EMA.
REALITY BITES... HARD.
Stay safe.
Hertz 4 Hour Long Set UpAfter the initial dip this morning Hertz seems to have bounced and held support in this channel, it is looking like we could see another move up here where if we break out of the Triangle we can expect continuation to the upside. If this trade is set up is stopped out or we see a lower high made on this time frame we can expect another move to the downside. Make sure to use proper risk management and only risk 2% of your portfolio.
When the shoeshine boy makes money off the market... It was just less than 20 days ago, that Hertz filed for bankruptcy protection . It’s a centurion company, mind you.
And over the last couple of days, Hertz’s stock bounced so hard , you know it’s as if the boy who shined your shoes no longer does it cos he made money off the markets and quit his job.
Wait... does that sound familiar???
Caveat Emptor !
Check out the chart here... it’s amazing.
Hertz (HTZ) - Could move big time All,
Hertz needs to break a full candle above $1.09. I said this with AMC.. what are the odds people/companies/large investment banks let these companies go under that literally everyone knows? I say it won't happen and the backing of recent news suggests the same. You absolutely have to have a market stop loss under $.90 if you get in now. Worst case they get bought out (good thing)
Entry $1.06 or $1.09
MARKET stop loss $.90
2nd Option is to wait for a possible double bottom near .34.... but I doubt that will happen. This is all due to the virus, not the actual company don't forget that.