On August 1st, 2012, Daytona Cubs organist Derek Dye (University of Illinois student) was ejected from a minor league game by the home plate umpire for playing "Three Blind Mice". πππ
THIS SHOULD BE ILLEGAL.
A rental car company with $25 billion in debt just exploded 600% in a month because two investors own over 100% of the stock.
Avis Budget Group $CAR hit a record high of $608.80 on Monday, surging 23% in a single day.
Two hedge funds, SRS Investment and Pentwater Capital, control 71% of the shares but when including their cash-settled equity swaps, their combined holding exceeds the entire outstanding supply.
This is a company that reported a $995 million net loss last year and has been struggling under a massive debt load for months.
One technical ownership glitch changed everything.
The supply mismatch is so extreme that short sellers are trapped in a mathematical impossibility.
With zero shares left to borrow and the float effectively non existent, the market just gave a debt heavy rental company a 6x gain simply because the math broke.
Hidden on page 744 of the farm bill the House Agriculture Committee passed Thursday is a provision that would condemn millions of pigs to a lifetime in gestation crates.
Rebranded the 'Save Our Bacon Act,' it's a pork-industry play to wipe out every state law banning the sale of pork from crated pigs β laws the conservative Supreme Court upheld in 2023.
Over 85% of Democrats and Republicans oppose these crates. Voters have backed ballot measures to ban them in state after state.
The pork industry knows it can't win a straight vote on this. So it's burying the provision in an 800-page bill and hoping no one notices.
Contact your senators and representative today and tell them: oppose the farm bill unless the Save Our Bacon Act is stripped out. You can reach them at https://t.co/MQvByA4atR and https://t.co/v6ghw99u1K β it takes two minutes and it matters.