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Avis Budget Group, Inc. (CAR) Message Board

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  • espo1900 espo1900 Aug 18, 2011 11:10 AM Flag

    40$ stock

    donedoit my outlook for abg looks like a 2$ stock, maybe a buyout at 6$ in 2012 you were right about abg hurtz and dtg there going to retest 2008 levels

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    • Were you not pumping the CAR-CRASH as a "Strong But [sic]" in the $13-$15 range about a m onth ago?

    • I do not think they will test '08 levels unless the economy turns dead south. In '08, credit dried up and the market's fear was that the huge debt loads coming due from CAR-Crash and HURTZ would not be re-financed, forcing those companies into bankruptcy. The Dollar had the same problem but its balance sheet was, and still is, far better than those presented by CAR-CRASH and HURTZ.

      But somebody needs to explain to me how you make money with the business model. You sit there with most of your assets parked in neat rows out back in a lot, waiting for customers to show up. Huh?

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