1) June 11th, 2020: Investors were worried that Covid would impact Avis' revenues.
Hertz filed for bankruptcy, and it seemed like Avis ( $CAR ) wasn't in a great place either.
Headlines at the time:
2) June 26th, 2020: Commonstock user Marco @marcopolomarco buys Avis at $20.73:
3) April 2nd, 2022: Two years later Marco is up +1,159% on his $CAR position:
4) ...And is #11 on the Global Leaderboard on Commonstock for the 1 month time-frame:
Some people dismiss the short term leaderboards as being too short-term oriented.
But being on the 1 month global leaderboard doesn't necessarily mean you made a risky bet in the last month that happened to pay off— more often it means you have been holding a high conviction position for quite some time that only recently has really started to shine.
I for one would love to hear more from @marcopolomarco about what he was thinking in June of 2020, and why he's been able to hold on for so long as Avis has done so well.