The stock CAR is going ABSOLUTELY NUTS in early trading today. They had earnings in after hours yesterday and was up around 2% in after hours. Now it is up OVER 100% and the stock has been halted at least 3 times. Clearly the move is beyond ridiculous, but that doesn’t mean the stock can’t go even higher before people get their senses back.
Be ready for Jim Cramer and others to caution people about this one.
Is Avis Budget (CAR) the Next Gamestop?
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Is Avis Budget (CAR) the Next Gamestop?
by Recyclersteve » Tue Nov 02, 2021 10:40 am
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).
Please note that ANY stocks I discuss, no matter how compelling, carry risk- sometimes substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) as well.
Please note that ANY stocks I discuss, no matter how compelling, carry risk- sometimes substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) as well.
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Re: Is Avis Budget (CAR) the Next Gamestop?
by thecrazyone » Tue Nov 02, 2021 12:14 pm
Man I am still a bit irked over that whole Gamestop mess. Don't think I will be trying with CAR.
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