The saga in April for Avis Budget (CAR) has got to be one of the dumbest financial events of all time.
That Seriously Hertz
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Seagate Earnings
Seagate, a maker of storage devices, has gone up about 800% over the past year. Totally reasonable, right? We’ll see. They report this afternoon. Get an eye on STX:
It Is To Laugh
Car Crashes
Well, there it is. Avis Budget Group lost nearly 50% of its value from the opening bell to the closing bell.
This Really Hertz
This situation with Avis Budget is absolutely comic. Old-timers like me remember stuff like PALM from back in the late 1990s. It’s precisely the kind of batshit lunacy one witnesses in the final throes off an overvalued bubble. If you didn’t laugh, you’d cry………..here’s what CAR is up to lately:
