Short

Hertz in Trouble - Wonder What Billionaire Ichan is Going to Do

- Chief Executive Officer Kathryn Marinello noted they have missed their last debt payments and working to avoid bankruptcy at the moment.

- Technically we in a serious downtrend and price is consolidating in this descending triangle - all eyes on the upcoming results. This formation needs to sort it self out ....

- Let's hope creditors don't liquidate the fleet and smash this business. Interesting to see Avis do comparatively better.
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