a few weeks back Hertzfeld for bankruptcy and on the show on market Monday like the day or a couple days after I file for bankruptcy people somebody asked about Hertz and he said Hertz his death Hertz death actually it was know is it was hurt today that was in two words hers death next week the next that's when we have on Wall Street rap on and we got another question about Hertz and Wall Street rapper actually said he was like why would you want to invest in a company that just filed bankruptcy and then Ian
once again said Hertz hers is dead no is Hertz day are you so but something something amazing happened right after that it's skyrocketing not only did a sky rocket is skyrocketed five hundred and seventy five percent in five days yeah so now everybody's on Instagram like I told you stock guys know what you're talking about my DM is crazy I just made money I don't know what they're talking about so now today Hertz announces that all of the stockholders have a very strong chance of never getting paid but before before before today they did some
important right they filed they had a sec filing with the York the United States District banquet court of Delaware who approved them to sell 500 million shares it's like listen the week we're not really making money can we open up more shares to get some income and they get approved no that's the creep somebody says six dollars a share is not killing it absolutely wrong it was it was at 80 cents and it went to five dollars and 40 cents that's a five hundred and seventy five percent increase in one week if that's not killing
it I don't know what is you can see if you get a five hundred and seventy five percent in one week if that's not telling it I don't know what game you playing but I want to play the game you play so now hurts hurts analysis today that stockholders aren't getting paid until they pay the debt first it's a very good chance that the stock that you're holding is worthless it's worth nothing yes that's crazy because go to ian's technical chart but is a perfect example of why you should not invest in bad companies like
people only reason why the stock going up is pure speculation here everybody on Robin Hood know every everybody blaming Robin Hood all everybody was just like oh sure is less than a dollar just Palin it reminded me of crypto when people was invested in cryptocurrency that was worthless and they just pumping money into it just to make the price goes up and it's like this is why when we talk about investing fundamentals technical charts why would you invest in a company that's bankrupt and they did it they pump the price up and now it's a
good chance they're never going to get paid the crazy part is when the SEC filing they ask for the follow German right for the shares but in the same filing they said that buyers will need a miracle to get anything back a complete wipeout like in the same fouler which is incredible like who says yesterday I'll tell you the who has district bankrupt Court of Delaware so Ian we got the technical analysis chart we go we go we're going high-tech we're going high-tech what are we looking at right now okay so all my trade isn't
all my investor so if I say a company is transfer context I'm talking about long term I'm not talking about one week or two weeks so I define long term as anything more than two years so if you have a five-year hold on it that's what I'm looking at so let's break down initially okay so we came to 40 cent you can see that here great this is this huge spike now for my trade is that and I see some of you people in in zoom saying you may bank on it that's dope that's dope
but it was a great trade so you can see it was right here was that one dollar I went to 625 here's the thing though when you guys hear about these kind of plays most of the time people don't have the discipline to get in because even when you're up 500% you're gonna say man I want a thousand why would I get out right now when I know that son I know it's gonna go to 10:00 in the morning and like you'll get up right now so first thing first you need to look at the
five-year month that always tell the story right it was at 63 bucks and two-cent five years ago you already know my analogy if the last time that the all-time high ATH was back here and it wasn't in recent time wasn't in 2020 the value of the company is going down you wouldn't draft me if my highest-scoring game was four years ago that makes no sense so let's take the emotion out of it but let's go back even further let's look 10 years the last high was 97 19 back in 2014 Wow that's six years ago
that's six years ago so you can see now my down candles are blue and my up candles are peach right shops on my red panda family I love you as you can see ever since the hit is hired 97 we but what direction I'll be going we're slowly going down so before even here this is my High Line so here at 24 it was still of no value and let me ask you guys this and you can put this in zoom and in YouTube right if the entire world is shut down and no one is
traveling for business who the hell is running cars nobody there's no inventory to be moved at the time so the cars are sitting in addition to that the value of the company was not incredibly high before then so let that five-year month be your guide and then if you go back even further and see the previous high back here all the way back in 2007 was 83 bucks and look what it did last time I hit 83 it shrunk down and it came back up over time one-pass 83 1 2 97 and fell back down
this is not a valuable company it's a good trade but as an investment hurts it's trash if we got anybody our hurts listen and corporate don't grow in our deals right because I know y'all get offended I'm sorry for the people who work there that are gonna get laid off lose their jobs possibly lose any pensions but as investors we have to look and vote when logic and all so I'll give you a heads up if Rashad Troy Michael Jamal and trap agree you don't know what to take notice because we have not led you
wrong and to the ones we said so for those you that have traded it and you got a good pop great but ever since March I'm February has been falling down incredibly hard and then the value of the company is not coming back up anytime soon we told you before CNBC but yeah if you guys want to look for a car deal if you're in the market my barber John just said Hertz has some amazing deals some pre-owned that you've been looking for heard about the core auto trader in a second in a second so
yeah you guys can see visually anytime you want to look at a company and evaluate it look at the five-year month and you can see that the value has been going down yeah but even when when it went down on the chart earlier that's ten years ago there was no filing for bankruptcy this is completely different it's completely but the value this is just like okay if a player has been scoring 15 points ten eight seven six five ten eight and then he tears his MCL it's like it's time for you to retire so yeah
it's over what it's the same thing we cannot fall in love with these companies we have to fall in love with our profits and being able to take care of my family that's it no I appreciate you for doing that once again oh it's like going to college crash course I want everybody to really because like I studied that like when I first got in the finance charts and stuff like that and actually you know you actually even renewed my faith in charts I look at charts a lot more than I did before once I
started to communicate with you but I was always trained on technical analysis I read a whole book technical analysis it's like this thing and they treat they teach you all different types of charts and stuff like that and technical analysis is real charts is the easiest way I think for you to get a quick idea of the trend of a stock and it's not something that's rocket science but not a lot of people actually take advantage of charts and you can get a charts anywhere um so thank you for actually showing that because that was
a little bit that's more detailed than just like a regular chart on Yahoo Finance yes cuz uh you know you have like the candlesticks and stuff like that but uh that is great for people to see that for the first time a lot of people actually saw something like that as far as like the chart breakdown like you talked about it a lot but yeah it just goes to show don't long story short ladies and gentlemen don't invest in bad companies just to try that just make quick money because this is just a prime example
where even if you made money if you haven't sold your shares yet you technically haven't they're not worth anything a piece of paper is not worth anything invest on colony I know you guys want exciting stocks but it's really exciting to be in winning companies that pay even like I was telling Barbara early and a few other people about like even McCarter Libre that's a company that people have slept on and if you look at the extra chart the ticker is in Al Dwyer it's been on fire oh yeah and I don't mean go back
and share real quick M e ly yes I'm your host now again good thank you I appreciate it yep this is the exact opposite of what hurts looks like this you want the chart to move in the direction of how you want your money to move came down to 400 earlier this year it is now here do you want you and we'll go through a couple other quality ones real quick if you guys don't mind let's look at Shopify they announced their deal with Walmart they're gonna be partnering with Walmart Shopify's on it's on the
list on the list you can't miss with Shopify and then I'll even give you guys so if you guys don't think respond you can go look at let's say a 15 year and look at the quarter right they peaches up they haven't had a negative quarter yet hmm on fire like so then if you look at that and then compare it to Hertz what is ice cold a quarter after quarter when I'm in a room a red panda I'm like okay one candle two three four five six I'm up light him up nine 10 11
12 13 14 15 16 17 18 19 22 one- quarters man is this company out of school baby how much I appreciate this dis cuz I'm still getting text messages in the morning like yo what the I'm gonna get hurts today I hope well it was texted me is now has a clear understanding of what not to invest in don't do it please no I was dope that was so a bio University to the rescue where can you get those kind of detailed charts like that if you sign up for TD Ameritrade thinkorswim we bull
or any other trading platform you guys can get about that's personally TD Ameritrade okay [Music] [Applause] [Music] [Applause]
