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SVTPerformance's Chain of Restaurants
Road Side Pub
SVTP stock pick thread.
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<blockquote data-quote="Weather Man" data-source="post: 16438798" data-attributes="member: 137766"><p><span style="font-size: 22px"><strong>Hertz sprinted right past SEC objection on stock sale - CNBC</strong></span></p><p>Jun. 17, 2020 11:16 AM ET|About: <a href="https://seekingalpha.com/symbol/HTZ" target="_blank">Hertz Global Holdings, Inc. (HTZ)</a>|By: <a href="https://seekingalpha.com/author/sa-editor-clark-schultz" target="_blank">Clark Schultz</a>, SA News Editor</p><p></p><p></p><p>SEC Commissioner Jay Clayton says Hertz Global (<a href="https://seekingalpha.com/symbol/HTZ" target="_blank">HTZ</a> +2.8%) <a href="https://www.cnbc.com/2020/06/17/the-sec-told-bankrupt-hertz-it-has-issues-with-its-plan-to-sell-stock-chairman-jay-clayton-says.html" target="_blank">ignored</a> cautionary comments made by the regulator on the sale of new shares.</p><p></p><p>Clayton notes Hertz didn't even come back with a response to the issues raised by the SEC.</p><p></p><p>Last week, Hertz jumbled everyone's brains a bit by landing bankruptcy court approval to sell up to $1B worth of new shares.</p><p></p><p>Shares of Hertz are having another strong day on Wall Street, while Robin Hood traders have weaned their positions over the last day by 1% in terms of raw number of customers holding the stock. <a href="https://seekingalpha.com/symbol/HTZ?s=htz" target="_blank">Short interest</a> on Hertz is at 38.2% of total float.</p></blockquote><p></p>
[QUOTE="Weather Man, post: 16438798, member: 137766"] [size=6][b]Hertz sprinted right past SEC objection on stock sale - CNBC[/b][/size] Jun. 17, 2020 11:16 AM ET|About: [URL='https://seekingalpha.com/symbol/HTZ']Hertz Global Holdings, Inc. (HTZ)[/URL]|By: [URL='https://seekingalpha.com/author/sa-editor-clark-schultz']Clark Schultz[/URL], SA News Editor SEC Commissioner Jay Clayton says Hertz Global ([URL='https://seekingalpha.com/symbol/HTZ']HTZ[/URL] +2.8%) [URL='https://www.cnbc.com/2020/06/17/the-sec-told-bankrupt-hertz-it-has-issues-with-its-plan-to-sell-stock-chairman-jay-clayton-says.html']ignored[/URL] cautionary comments made by the regulator on the sale of new shares. Clayton notes Hertz didn't even come back with a response to the issues raised by the SEC. Last week, Hertz jumbled everyone's brains a bit by landing bankruptcy court approval to sell up to $1B worth of new shares. Shares of Hertz are having another strong day on Wall Street, while Robin Hood traders have weaned their positions over the last day by 1% in terms of raw number of customers holding the stock. [URL='https://seekingalpha.com/symbol/HTZ?s=htz']Short interest[/URL] on Hertz is at 38.2% of total float. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
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