Hertz just filed for everyone’s favourite chapter in the book. I’m posting this idea 12 hours before the market opens because I am beyond curious how industrial algorithms will react to the announcement, plus the fearful trading sentiment around the stock.
This is the first time where I get to closely watch the price of a stock pre market hours after the bankruptcy announcement came in. I don’t know what to expect, but god nothing makes me more excited than algorithmic behaviour patterns.
Thoughts?
Current price: $2.84