What type of stock is Avis/Budget (CAR)??

C

Cabin111

I've asked this before in different ways over the years...I can't seem to get a handle (put my finger) on this company.

Is this a value company, a meme company, is there large short selling involved?

I do own 200 shares that I bought real cheap during the shutdown (Covid). When it hit good/great highs, I optioned (covered calls) them for Jan 23 $230. I forget what I got for the option then, but it was a boatload of money.

I intend to not buy back my options.

This is not a GameStop or AMC...It sells real products and has a real market share. It has a PE of about 5 (Friday it had a PE of 4)!!

Thoughts on my options getting called away?? Earnings are October 31. For day traders this looks like something to play with. But, post average earnings...Where (in general) will this stock be??

Thank's for your free, unenlightened, and (many times wrong) insight...
 
LOL it was a meme stock on nov 2,2021. I shorted it that day when it made that ridiculus spike up. Apparently those jackasses at wallstreetbets targeted it for one of their short squeeze "attacks" on that day. That was fine with me,I made a nice chunk of change on that trade. Cant help you with the options predictions as I dont trade those.
 
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Look like wall street has had a hard time figuring out what depreciating assets like CAR is worth;
something/ YTD maybe if CAR charges enough per day\milage:D:D
 
As per Finviz it’s owned at 98% by institutions
As per Fintel we see Blackrock, Fidelity & Co

687 total, 660 long only, 8 short only, 19 long/short

It has earnings and sales growth.
Trading 1M average volume.

That’s a legit stock to me.

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I answered this Q before.
It is a lovely great stock for trading.

It is the swing trader dream.
And an investor nightmare.
 
vincentnyc said:
it got a pump and dump chart/pattern...which attracts alot of degenerate gamblers....oops i mean traders.
More...

Was 1/2 way out the door (running errands)...Wanted to come back and ask a question. I am sure someone could answer this by running a formula.

Could you give me one or two major companies that had a P/E of 4 that was a pump and dump?? You can't use Boeing when two planes crashed within days...Different puppy.

Also, it can't be GameStop or AMC when they bought back or issued more stock...

PS A few minutes later...Could GE be one from years ago??
 
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