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AVIS BUDGET GROUP INCAVIS BUDGET GROUP INCAVIS BUDGET GROUP INC

AVIS BUDGET GROUP INC

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CAR trade ideas

worthless trash post earningsI've been beating the drum on this garbage; I told you the transports were the biggest f ing wannabe chase in the market today; they led the S&P up, they'll lead them down. Bigger than expected loss into earnings. My guess is that the dummies will still throw money it if the transport ETF catches a bid manana. You thought TSLA was overbought, this rental turd has only gone parabolic since pandemic lows, up 550% - ON NEGATIVE EARNINGS!!! WTF Speaking of TSLA: Tesla will inevitably crush this company, unless they can get their hands on a new rental fleet of Model 3s & Ys, nobody wants to rent a death trap for $300/day. We'll rent an Uber or Lyft, m'kay. F *ck petrol, rental death turds, and this delusion of grandeur that business travel will come back in spades. It won't, and if you're long this name, you'll be holding a bag full of turds at 30,000 ft. PT $55 3rd week May, put spread in place
NASDAQ:CARShort
by QUANDRANTS
1
The right time to short CAR?The right time to short $CAR? Finally, the trendline has been violated after an Evening Star Pattern formed on the daily chart. We can clearly see that this stock has been on a strong uptrend since the pandemic, and has almost doubled from the pre-pandemic high ($52.90). Meanwhile, AVIS BUDGET has not been fully operational, sold a big chunk of its fleet and increased its debt significantly. Few things to consider the short position: - Fundamentally overvalued - Bearish pattern formed on the daily chart - Trendline violated - MACD / Price divergence - +DI crossing -DI on 20/04/21 - Volume has been drying-up for the past 1/2 weeks. ( Be careful with illiquid stocks! ) - DMI showing trend weakening My position is this: Short @ $78.17 SL @ $80.02 TP @ $64.49 Insane risk to reward ratio :O Do your own DD!
NASDAQ:CARShort
by RobertPetkes
this rental turd is leading the transportsreffing a pretty lopsided game here. the buyers have been absolutely crushing the sellers, but we're seeing some sanity at this latest wave, albeit just a glimmer of fear come back in. it's likely all bot driven at these levels, have to think the fund managers are on early vacay ahead of the crowds, working on their tans, sleeping in, getting room service delivered to their suite overlooking a white sand beach while their autopilot fund flows head straight into this pile garbage that's somehow worth more now than before the pandemic whilst leading the entire transport sector. Let's put aside the fact this fleet is quickly becoming obsolete as new legislation in the future will send 1/2 their assets to the scrap recycler in favor of EVs, and while that nightmare manifests itself, TSLA will be dumping a taxi service onto market that won't require AVIS to negotiate as a middle man to get you and the groms to Disneyland when you land in the OC, CA... Sitting on a May 21st 72.50 Put. Adding another at the-money if the SPY tries for another candle up to ~430. All greed & no fear - or simply being asleep at the wheel - or both, will get your head handed to you.
NASDAQ:CARShort
by QUANDRANTS
$CAR is surprisingly resilient so far. For how long?I like CAR, primarily for its volatility. I am surprised to see that it was so resilient so far. I mean, the rental car business got hammered last year and this stock is fully recovered and then some. So, if everything in the economy gets rosy, it's kind of priced in already. I am making a short bet with 3/19 50 puts. By the way, I don't do YOLOs or other stuff that can bankrupt me, so losing all my money one single bet is totally part of the strategy. Means I get to live another day and make more bets. What do you think about CAR?
NASDAQ:CARShort
by roman63rus
3
$CAR Avis Budget Insider buys affirms Confidence in recovery 🚗 Insider buys may be the signal of a brighter future for CAR . trending within a nice ascending channel let hope the next touch is to the topside. worth watching in the days and weeks to come as vaccine news continues to benefit the industry. Potential targets as per pivot points . Insider buy Details SRS Investment Management, LLC Director Nov 20 Buy 34.79 50,000 1,739,650 18,303,324 Nov 20 06:44 PM SRS Investment Management, LLC Director Nov 19 Buy 34.78 4,900 170,398 18,253,324 Nov 20 06:44 PM SRS Investment Management, LLC Director Nov 18 Buy 35.43 50,000 1,771,270 18,248,424 Nov 20 06:44 PM SRS Investment Management, LLC Director Nov 13 Buy 36.46 69,889 2,547,824 18,198,424 Nov 16 05:57 PM SRS Investment Management, LLC Director Nov 12 Buy 35.28 79,907 2,818,719 18,128,535 Nov 16 05:57 PM
NASDAQ:CARLong
by Bullishcharts