Are you sitting pretty? Revlon shares rise after bankruptcy
A Reddit user named pikatruuu (like the yellow Pokémon character) noted the comparison with Hertz, saying the rental car giant’s shares rose eightfold during the bankruptcy process.
“Revlon is currently the 11th most shorted stock … It’s a pretty iconic brand. Is there a chance it will be a meme stock?” wrote pikatruuu. Then again, pikatruuu also pointed out that what happened to Hertz “of course is a rare occasion.”
This has not stopped any extremely enthusiastic users from pumping up the stock’s prospects.
“Is Revlon Gamestop of 2022?” asked wonderwoman009.
“No idea. But the party is happening now,” replied pikartruuu, adding that “if this [subreddit] can hop on the train, I do not understand why it does not go over $ 10. “
Others were even more bullish, expressing their love for the stock with posts in ALL CAPS.
“REVLON TO THE MOON GOES TO $ 12,” said a user named One-Relationship-143.
But there seemed to be at least one sensible voice discussing Revlon on Reddit.
“If you had money, you would just burn for something to do,” Electronic-Ad6420 wrote, “so yes, you should buy some.”
