ST Alpha - "LIR: Hertz stock. $20.25 02/21. $0.56 05/26. $5.53 06/08 (the "rebound") $2.06 today. They filed for bankruptcy 05/22. Even a pro would have to have" (Reading a Post)

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LIR: Hertz stock. $20.25 02/21. $0.56 05/26. $5.53 06/08 (the "rebound") $2.06 today. They filed for bankruptcy 05/22. Even a pro would have to have

Posted by zunk takes things literally (aka zunkskunk) Jun 11 '20, 13:21

perfect timing and maybe dumb luck to catch that rally.
The real question is have any of these new retail investors sold?

Responses:

Why don't the markets freeze a stock when the company declares bankruptcy? -- nm - Mop Jun 11, 13:38 1
- Because then whomever is holding the stock has their money tied up potentially for years. - spamlet Jun 11, 13:41
(99.9% irrelevant) I am less than 5 minutes from their HQ right now. -- nm - ty97 Jun 11, 13:29
Let's see... carry the 4, divide by Pi. Yeah you could have made a good profit on that. -- nm - sycor Jun 11, 13:25 2
- Actually if my math is right, had you invested the stimulus check in to Hertz at the .56 and sold at 5.53 you would have made about 10K. - sycor Jun 11, 13:31 1
  - trying to time the market is a fools game. I'm still kicking myself for not buying back into TSLA on the dip though. -- nm - znufrii, silly old man Jun 11, 13:48
r/investing is full of "Don't tell me what to do, I've been trading for 8 days and I'm riding this to be a millionaire!" idiots right now. -- nm - Reagen Jun 11, 13:23 2
- and how is r/WallStreetBets reacting? -- nm - JD Jun 11, 13:26 1
  - stonks stonks stonks stonks -- nm - Reagen Jun 11, 13:28

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