HTZ might be the dumbest thing I own but thats why I bought it. 200k YOLO

Hertz fucked up. Everybody knows they fucked up. The EV thing was a mess, the company has debt out the ass, and management has spent years stepping on rakes. Whatever, that’s why it’s cheap. The bet really isn’t “Hertz is secretly an incredible business.” clearly it isn’t. The bet is that people still rent cars and Hertz only has to stop actively shitting itself for a couple quarters before the market goes “wait maybe this isn’t actually going to zero.” Expectations are in hell. I like buying stuff when expectations are in hell. Could absolutely lose money here. Probably will. But if they pull off even a halfway competent turnaround, this thing could get stupid fast. godspeed

https://preview.redd.it/ucal1nx18yhh1.png?width=1632&format=png&auto=webp&s=cf05cb181701250101a1b21bfcf242b4a9017fd7