One of the many ways we can play the over-the-counter markets is when the stock upgrades.
For example, Hertz Global Holdings Inc (NASDAQ: HTZ).
HTZ just got an upgrade yesterday morning, in fact I was talking about it on Money Morning LIVE yesterday – I’m on every morning at 10:30AM ET, click here to join me .
Now, you do not see this sort of upgrade very often.
This upgrade, combined with the increasing volume has me eyeing this stock at its current price.
Which begs the question – is it safe to buy a stock that was delisted, and then relisted?
HTZ was delisted from the NYSE because of the pandemic.
Shares were trading on the over-the-counter market until last month, when HTZ was “uplisted” onto the NASDAQ.
Right now, shares are enjoying all the benefits of being on a large exchange.
Simply put, there are so many ways to play HTZ, and I’m reviewing them all with my Night Traders.
Now, I understand that many Penny Hawks may not be interested in a $26 stock like HTZ, especially because it’s no longer on the over-the-counter market.
But that doesn’t mean we can’t make easy, straightforward profits with it.
I analyze these sorts of uncommon stock patterns with my Night Traders all the time because it’s one of the best ways to expand our trading.
Until next time,
December 07 2021