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$6.30 -0.52 (-7.62%)
10/7/2008 11:43 AM

Hertz Global Holdings, Inc. (HTZ)

CAPS Rating:
**

The Company is engaged principally in the business of renting cars and renting equipment.

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Avatar JeradLovett (41.66) Submitted: 3/13/08 8:31 PM : Underperform Start Price: $11.01 HTZ Score: 21.84

Recently taken over by investment company CD&R, Hertz will be run into the ground. This is a perfect stock to short given the history of CD&R. The most recent "victim" of CD&R is SIRVA which has been driven into the pink sheets and into bankruptcy. A "victim" before SIRVA was Kinkos, which was also driven into bankruptcy and later bought out by FedEx. Hertz' stock curve history can be set on top of SIRVA's and Kinko's and they all match up. CD&R are complete crooks. They know how to work the system and keep it completely legal. Once CD&R buys a company, they hype up the future of the company before taking it public with a pretty high IPO. With all of the hollow hype, the stock immediately turns up, then turns down with no chance of ever coming back up. The next thing CD&R does is terminate all of the long-term employees, those with the largest salaries and most benefits. Then all assets are sold off until the company itself is a hollow shell. Research exactly what CD&R does and you will see every time how the companies are individually run into the ground. It gets even worse than what I've written above.

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