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As a rookie trader I have a question for some of you whom may have seen a company go through bankruptcy restructuring. Hertz announced last week and the stock dipped hard, as I expect is normal, but my question is when is a good time to get in? The 52 week high is around $21 and it is currently around $1.82. I dont see any reason post covid why they would not be successful and it seems like a good play I just dont want to invest heavily at $1.82 and then it drop below $1.00. As always any advice is much appreciated!
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