$HTZ I hold no position. If you are an long term investor and not a trader in HTZ u are going to be OK. You might even add more cheap shares. HTZ filed for Chap 11. It is basically a request from courts to stop litigation from creditors so HTZ can figure out a repayment plan. HTZ is not going out of business. Look at a few airlines that filed Chapter 11 in the past: UA, Delta, Continental. All have filed Ch11 and came out of CH11 within 2 years.
  • 5
  • 1
5 Likes