Let me simplify it for you they are selling the Cramer interview for now....buy the rumor sell the news. $56.80's trapped for now.
This is pretty funny I bought under $55 on the AH drop and sold at $56. Then the stock creeps up in anticipation of Cramer's lovefest. In between it got a boost when one of the Najarians said he bought it. This is not investing this is game playing. I almost hope it drops tomorrow and traps these $56.80 buyers.
It is cheap but they showed 1% growth, it is up 30% YTD and the stock is up over 6% today alone. It's all good for the momentum guys but if this has to pull back at some point. I believe the Cramer/Meg show this morning had a lot to do with it and this may be Cramer's hedge fund pals taking the cue. If $37.50 today then I have to start to short. I bought below $35 last night and sold earlier but this is nuts. The markets have backed Yellin and Draghi into a corner for tomorrow at this point.
I could be wrong but I don't think so. It may be a sell the news and what's the catalyst now? This will take some time for the accounting review I think it may fade the next week or two.
The Icahn news is nice but this is a long term project. The traders love to run things up like this but nothing has change for now and Hertz did say the review would take some time. That will allow for lower entry points. The stock was under $25 in yesterday's pre-market so I would guess you may see $27-$28 within weeks.
The Robertson's ratings are the highest on the network. Go ahead and blame Bush and Obama while you're at it. This is all about the ratings and the slimmy network execs who put dollars over morals. Get your head out of your #$%$
I cannot believe this is up this much based on the earnings. Cramer may have tipped off his hedge fund buddies earlier. I bought under $35 last night and sold out already but this is kind of silly.
I read their statements sounds like the CEO will fight to keep his job and status quo for now. What I see is people are still bidding this up early so far because of his stake. I believe he had already attempted to get a seat in the past. This CEO obviously is bad but buying up here I believe may be for a short term gain if any. Hertz did say that the review would take time leading to more uncertainty. Congrats to those who bought $25-$29 yesterday I was almost one but I was in other trades I guess I would be selling today If I had. When they do restate the market may hit the shares again but for now it will trade off of Icahn I guess.
and Hertz just announced that they are focused on their plan and it will take time to complete the accounting review everything is well.... onward and upward! I think the share's recovery lasts into tomorrow morning then the sellers come back. This is not an overnight fix and Icahn knows that. But it will be fun to trade this in both directions for awhile.
Back at you....you always buy when there is blood in the streets especially with a stock that beats and is dirt cheap.
$29.30 I posted buyers under $30 would be happy. I'm happy just got out hoping for another excuse from Goldman or some other mouthpiece to drop it. Semis are strong today especially with the IRF bid. Goldman is such a slimmy firm.
nothing as usual. If it was at $35 you would not stop hearing about it. This is a pretty bad management team not being able to execute over and over is such a positive rental environment similar to what the airlines are experiencing.
Two days in a row it closed pennies from the daily high....good sign for now. There were two talking heads on CNBC who were singing about BBY yesterday and it stabilized and went higher when Dominic Chu from CNBC mentioned how it was lagging this year and a floor specialist was telling investors late in the day to buy it because it was cheap. Maybe it mattered it who knows?
Plan offers to only new customers that's what they all do. Verizon does that all the time. It may be a smart strategy if the old customers stay and increase the subs with the new people. The quality of service will determine where the business goes.
Remember most of the street figured the deal would not happen based on the AT&T experience a few years ago. Funny thing is Sprint rallied initially after their last earnings report which was not that bad Sprint has issues and at a point like this which Best Buy did in early 2013 with Joly you have to start cutting costs across the board to survive. Hesse spent large especially on himself and that's why a lot of employees showed up at his farewell party.