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 💎
$HTZ update:
Today was a failed first squeeze attempt: $2.58 rejected, $2.12 close on 70M shares, below VWAP.
But borrow is tightening: 95% utilization, 7.8% fee and only ~1M shares available at IBKR.
Fuel is building, ignition missing. $2.10/$2.01 must hold. Reclaim $2.24, then $2.50.
$HTZ update:
Today was a failed first squeeze attempt: $2.58 rejected, $2.12 close on 70M shares, below VWAP.
But borrow is tightening: 95% utilization, 7.8% fee and only ~1M shares available at IBKR.
Fuel is building, ignition missing. $2.10/$2.01 must hold. Reclaim $2.24, then $2.50.
$HTZ Hertz ended the second quarter with approximately $984 million of liquidity, in line with its prior guidance of just under $1 billion. The Company continues to view liquidity as a growth enabler and remains confident in its ability to fund the business and execute its transformation.
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