THIS SHOULD BE ILLEGAL
What happened to CAR this week should not be legal.
A company with $8.6 billion in debt, losing money, no major news, no earnings beat.
Stock goes from $107 to $850 in a month.
Then crashes 80% in 2 days.
Here’s exactly what happened, read it twice:
Two funds, RS Investment and Pentwater Capital, quietly bought up over 71% of the entire freely traded float.
At the same time, 86% of that same float was shorted.
Once they controlled that much of the supply, short sellers couldn’t buy back their positions without pushing the price up themselves.
THEY WERE TRAPPED.
So the stock went vertical.
Not because Avis suddenly became a great business, but because two players engineered a situation where the other side had NO EXIT.
That’s a corner.
In most markets, cornering a stock is ILLEGAL.
In the US equity market in 2026, it just gets called “a short squeeze” and ends up on CNBC.
By the time retail saw the headlines, it was too late but they bought it anyway.
Every single person who bought above $300 because they saw a number going up fast is now underwater, waiting for a recovery that WILL NEVER HAPPEN.
The funds that built the position are GONE.
THEY SOLD INTO THE “SQUEEZE”.
Into the retail buying.
The SEC will probably open an inquiry, write a strongly worded letter, and close the file in 18 months.
Absolutely NOTHING will change.
And the next one is already being set up somewhere else.
If you want to know where I AM deploying capital, turn on notifications and pay close attention.
A lot of people will regret not following me.
🚨 THIS SHOULD BE ILLEGAL
What happened to CAR this week should not be legal.
A company with $8.6 billion in debt, losing money, no major news, no earnings beat.
Stock goes from $107 to $850 in a month.
Then crashes 80% in 2 days.
Here’s exactly what happened, read it twice:… pic.twitter.com/7DwMPoGpnz
— NoLimit (@NoLimitGains) April 24, 2026