Thank you. You made some good points here! In several months from now, we are up 30% on this stock. It was $29 a little over 12 months ago. So, a little patience while we collect the dividend. Funny how people are selling when they should be buying. They just need to understand the reasons for the drop like you stated.
Ridiculous manipulation! Go read these - 3 big stocks to stay away from...should say stocks to be accumulating!
I swear these investment sites post negative articles on no news to drop prices on stocks. They probably then buy those same stocks after the drop on the fear that causes people to sell. Really - 9 bucks per share? HTZ already stated they are going to spin off business tax free to increase shareholder value later this year. I bet we see 14 per share as that approaches. Another example of this is Alcoa (AA) which gets downgraded near a 52 week low to 7 bucks on an okay earnings report.
For all the people wanting an investment, buy now some AA. I think in 12 months, this stock is at 11+ for a 40% gain. Sometimes it's best not to trade yourself crazy and be patient.
Just more wall street panic selling on not that bad news. Good, i bought. I love it when they panic holders sell out when stock is near low's of the year. Same thing with UVE. Major opportunities. I look for these.
I love it. great buying opportunity...loading up...see you at 16 in 2 years or better on the spinoff...dumb day traders