u/Pizzaboy0511

The author argues the dominant bear narrative that Pershing Square's exit still pressures Hertz is outdated, since Ackman dumped all 15.2 million shares in July at multi-year lows, just before the August 6 Q2 earnings beat and an 85% short squeeze. He contends algorithmic trading bots and AI news scrapers keep recycling Ackman's mid-August 'loss of confidence' quotes as if fresh, ignoring that his shares were absorbed months ago. The catalyst is the next quarterly earnings, where he expects sentiment to normalize as the stale institutional PR loop fades. Main stated risk is that most bear points on Hertz are otherwise justifiably fair.