I hit my stop loss in HTZ at yesterday’s close.
music selection: “Fell In Love With A Girl” — The White Stripes
My stop loss for Hertz (HTZ) was set at 18.05. Shares closed over that price Thursday afternoon. I still believe in the thesis but I’m going to honor my stop. I bought to close all 554 shares at 18.79 for a cash outlay of 10,409.66.
My loss is 2,409.36 on a basis of 8,000.30. That is a loss of 30.12% or 36.04% annualized. The trade was in force for 305 days. I am still in CAR, AMG, F, GM, COF, CNQ, S, and SC short positions. Time will tell the tale.
Devour your prey raptors!