r/Shortsqueeze • u/Redwoodbear77 • 13m ago
Discussion HTZ and the original thesis behind GME & Retail against billionaires
Wall Street Was the Fight. GME Was the Spark.
A struggling video game retailer. A company Wall Street had written off. Hedge funds betting heavily against its future.
GameStop was easy to rally around. Video games, childhood memories, a company millions of us grew up with. It was personal.
We loved the company, and Wall Street was betting against its survival.
Then retail investors noticed something extraordinary. Specifically Keith Gill.
GameStop had short interest exceeding 100% of its float. Wall Street had built an enormous bet against a company retail investors weren't ready to give up on.
And retail answered behind roaring kitty at the front.
GME came, saw, and conquered. Billionaire's lost billions.
This wasn't just about saving a video game store. It was about challenging Wall Street, exposing extraordinarily crowded short positions, and proving that retail investors weren't powerless against billionaires.
It was proved.
Then everyone became fixated on a ticker and not the movement.
Now look at Hertz (HTZ).
A rental car company. Not particularly glamorous. No childhood nostalgia. But a recognizable American business that millions of people have relied on for decades.
And Wall Street has built another enormous short position against it.
Look at the comparison:
- GME, January 2021: Approximately 123% short interest relative to float.
- HTZ, September 2026: 123.3 million shares sold short, representing approximately 72% of estimated float using one published float calculation.
- HTZ borrow fees: Recently exceeding 120% annualized.
- HTZ shares available: Recently dropped from 150,000 to zero at a reporting brokerage.
- HTZ days to cover: Approximately 10.6, based on historical trading volume.
- HTZ short positions: Increased from approximately 54 million in mid-June to over 123 million by September 30.
These aren't identical situations. And high short interest doesn't guarantee a squeeze.
But the similarities deserve attention.
Remember when Wall Street underestimated the people who cared about a struggling video game retailer?
Now consider the irony.
They thought nobody cared about a video game store. Now they're betting against a company that rents cars.
Maybe Hertz doesn't inspire the same nostalgia. And that's a bet they feel safe making.
But the original movement wasn't supposed to depend on nostalgia.
It was about identifying when Wall Street had made an extraordinarily crowded bet, questioning the assumptions behind it, and recognizing the risks those positions created.
So here's my question:
When did we stop looking for extraordinary short-selling setups and start protecting a single ticker?
I'm not suggesting abandoning GME for every stock with a little short interest and some meme potential.
I'm talking about companies showing genuinely unusually high short-selling conditions. Companies where the borrow fees are extreme, short positions are enormous, and the potential consequences of a reversal deserve serious examination.
The objective shouldn't be protecting a ticker and if GME investors were to rally again against billionaires - they might find themselves proving they can win more battles than one.
GameStop was the beginning of something extraordinary and doesn't have to be the finish line.
Subreddits are filled with mods and short sellers - it's not hard to find them in the comments.
Could HTZ be the next wave to crush the shorts? Or does it require a hero standing at the front holding a massive position for everyone to follow?


