Aug. 18 at 10:34 PM
$HTZ
Sneaky Hackman likely got a call from a few institutional shorts that were very exposed and with whom he did not want to make enemies.
So he timed the ‘release’ of the info with the stellar turnaround hertz finally achieved. His excuse was also lame ‘bAd wAy tO mAnAgE diLuTiOn’. Yea right.
He chose lose a few mil he invested but keep the multibillion $ worth of relationships with walstreet.
Who knows if the big shorts also held his long positions hostage or would threaten his future financing avenues.
This is the same guy who went on CNBC in March 2021 and staged a teary rant session live to tank the market while he was getting ready to buy the bottom of stocks like
$HLT
$IEP
