06-27-2021, 04:23 AM
Barrons says $HTZGQ is a buy, shareholders will get $10-$12 per share. Possibly only
<!-- SC_OFF --><div class="md"><p>There is a crazy amount of upside in this stock before it converts to the new shares. Going to be a wild ride up until June 30th.</p> <p>"Current Hertz shares are due to be exchanged for a package consisting of $1.53 a share in cash, 3% of the stock in the reorganized company, and warrants—a long-term call option—for 18% of the new, post bankruptcy company. <strong>Holders of the current Hertz shares could realize $10 to $12 a share</strong>, Taylor says."</p> <p><a href="https://www.barrons.com/articles/hertz-stock-price-forecast-51624661301?mod=hp_LEAD_1">https://www.barrons.com/articles/hertz-stock-price-forecast-51624661301?mod=hp_LEAD_1</a></p> <p>​</p> <p>This is not financial advice.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/NotanSECgoon"> /u/NotanSECgoon </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/o8cj1o/barrons_says_htzgq_is_a_buy_shareholders_will_get/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/o8cj1o/barrons_says_htzgq_is_a_buy_shareholders_will_get/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>There is a crazy amount of upside in this stock before it converts to the new shares. Going to be a wild ride up until June 30th.</p> <p>"Current Hertz shares are due to be exchanged for a package consisting of $1.53 a share in cash, 3% of the stock in the reorganized company, and warrants—a long-term call option—for 18% of the new, post bankruptcy company. <strong>Holders of the current Hertz shares could realize $10 to $12 a share</strong>, Taylor says."</p> <p><a href="https://www.barrons.com/articles/hertz-stock-price-forecast-51624661301?mod=hp_LEAD_1">https://www.barrons.com/articles/hertz-stock-price-forecast-51624661301?mod=hp_LEAD_1</a></p> <p>​</p> <p>This is not financial advice.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/NotanSECgoon"> /u/NotanSECgoon </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/o8cj1o/barrons_says_htzgq_is_a_buy_shareholders_will_get/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/o8cj1o/barrons_says_htzgq_is_a_buy_shareholders_will_get/">[comments]</a></span>Kind Regards R