Big week ahead, the focus is clear.
Plan:
• Continue buybacks on the chart and maintain the momentum we’ve been building.
• $6k already deployed into $HTZ options on NASDAQ, which we will be adding to to increase our position as we continue to build conviction around the setup
• Increase our marketing efforts with targeted boosts and trending designed to expand visibility, bring more attention to $HTZ
The setup is getting hotter,
The week ahead could be a big one 📈
Updates:
1.5% of the supply has now been bought back & we’re taking it one step further:
1% supply will be sent to @wallstreetbets official FOMO wallet.
They helped build the culture. It’s only right they get a piece of the pie.
Then the market opens Monday and on Thursday, Bill Ackman’s Pershing Square $PS reports Q2 results.
But Yahoo just reminded us of something important:
This isn’t Hertz’s first short squeeze. Roughly 30% of the tradable stock is reportedly sold short, around 10x what a normal company carries.
Good news arriving on a float that crowded does not travel gently, That’s why they call it a short squeeze.
Hertz has done this to people before and the last time, it broke something.
A $2 stock,
A third of the float sold short.
& a catalyst nobody positioned for.
Market opens Monday.
Buckle Up $HTZ 💎
This is absolutely INSANE.
We are really about to witness GME2.0
$HTZ to put it simply:
13F filings show institutions reporting ownership of roughly 100%+ of HTZ’s outstanding shares.
If those holdings are accurate, it raises a serious question: how can additional shares be trading in the market?
That could indicate a mismatch between reported institutional ownership, the available float, and shares actually circulating.
If so, the true short exposure could be substantially higher than the reported short interest - potentially exceeding 100% of the float.
That’s the issue worth investigating 👀
$HTZ
$HTZ
Recent earnings beat. High short interest. Huge gap around the $4 area.
Has climbed back above the 9 & 21 EMAs.
Highest weekly volume in a couple years.
And a short squeeze candidate in @wallstreetbets
I may have to join the party…🤔👀
$HTZ setup is getting ridiculous.
Pershing already built a massive stake last year and the stock casually ripped 40%+ on the disclosure.
Now shorts are piled in heavy (~70% of the float, 97M+ shares short).
Days to cover sitting right around 4. Friday is the 13F drop. If Ackman shows they added to the position…
That same 40% move turns into full-blown short panic.
We’ve already seen what happens in this space when the float gets locked up (look at $CAR earlier this year).
$HTZ is cheaper, more beaten down, and has a real catalyst staring us in the face.
I’ll be adding Monday.
@TT_stocks_@HunterAllen4@ConvexDispatch
So earlier we sent @wallstreetbets 1% supply of $HTZ & He's already 150% up 👀
This thing is far from over. Too many bullish catalysts.
$HTZ is consistently one of the most shorted stocks.
Zoom out.
Updates:
1.5% of the supply has now been bought back & we’re taking it one step further:
1% supply will be sent to @wallstreetbets official FOMO wallet.
They helped build the culture. It’s only right they get a piece of the pie.
Then the market opens Monday and on Thursday, Bill Ackman’s Pershing Square $PS reports Q2 results.
But Yahoo just reminded us of something important:
This isn’t Hertz’s first short squeeze. Roughly 30% of the tradable stock is reportedly sold short, around 10x what a normal company carries.
Good news arriving on a float that crowded does not travel gently, That’s why they call it a short squeeze.
Hertz has done this to people before and the last time, it broke something.
A $2 stock,
A third of the float sold short.
& a catalyst nobody positioned for.
Market opens Monday.
Buckle Up $HTZ 💎