FelixDeCat
Lifer
CAR (Avis) has falling revs, increasing losses and experiencing issues. 30 days ago you could have bought shares at 99.00. Shorts took a big position. Meanwhile a hedge fund has been quietly buying shares and now controls 50% of the float. Another company has been buying as well despite the company being a stinker otherwise. Combined ownership is 71%.
30 days later, Car has now hit an all time high of $744 on a prolonged short squeeze, going up almost $100 a day now..
The puts and calls expiring in 3 days are 100.00 each up or down. 😵💫😵😯
edit: For perspective on this move, check this out:
30 days later, Car has now hit an all time high of $744 on a prolonged short squeeze, going up almost $100 a day now..
The puts and calls expiring in 3 days are 100.00 each up or down. 😵💫😵😯
edit: For perspective on this move, check this out:
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