In this episode, we tell you why Hertz stock sale was suspended by the SEC. This is episode 89 of Value Investing in your Car.
I’m curious about everything so this leads to a range of reading and learning outside of value investing, finance, and investing.
In these Value Investing In Your Car episodes, we talk about some of these things and much more to help you become a better value investor faster.
Get our Guide 7 Tips to Picking Great Stocks and 3 Times You Must Sell for free to make better investment decisions today.
- What mental models I use
- When does value investing work best
- Where it works
- What book reviews I have from everything I learn from
- The most important thing learned in 2017
- How to learn faster
- What are the 4 most useless investing metrics
- If I could only use 3 investing metrics, what would they be
- And much more…
Things have gotten a bit nuts in the market in recent months.
From huge thousands of points swings up and down.
To mass unemployment worldwide.
To horrific economic data.
The coronavirus is wreaking havoc on the world.
Last week, I told you how Hertz Car Rental Company filed for bankruptcy on why their stock was “worthless”. According to its own filings, and how they planned to sell stock in a disgusting way.
Today, I want to tell you how and why this stock sale was canceled since that last video.
Let’s get to it
An episode about Hertz Stock Sale Suspended – Value Investing In Your Car Episode 89
In this 9 – minute video I talked about the following things:
- Why Hertz went into bankruptcy
- What it tried to do to avoid bankruptcy
- How it’s getting ready to rip a lot of new stock investors off
- Why it’s burning through so much cash
- What’s likely to happen during its bankruptcy
- Why Hertz stock is worthless
- Why the SEC involved and stopped this stock sale
- And more…
What did you think about the video above? Let me know in the comments below.
Tired of wasting time learning how to find, evaluate, and value stocks all by yourself? If you're ready to learn more today check out our Value Investing Masterclass by clicking here.
Here are the sources mentioned in the video above:
- Hertz Files For Bankruptcy via CNN Business
- Hertz Stock Doubles To Erase All Post Bankruptcy Losses via Marketwatch
- HertzFiles To Sell Up To $500 Million In Stock With Warning They Could Be Worthless
If you want to learn from the other episodes in this series, you can watch the entire playlist on YouTube here.
And remember, you can now also listen to these episodes as a podcast by going to the following places:
The podcast is now available on all major podcasting platforms on both Apple and Android.
If you want to watch our other Value Investing In Your Car Episodes you can do that by clicking here.
P.S. If you want to watch our other Value Investing In Your Car Episodes you can do that by clicking here.
P.P.S. And if you want to get the preliminary analysis checklist that allowed me to research 3,943 stocks in 73 countries in only 40 days click here.