evilecon...@gmail.com wrote:
> This goodwill charge is completely irrelevant to the fundamentals of
> the business, in fact, it may have positive tax benefits (I'm not a
> tax expert).

> If you're focused on the impairment, you should just be in a mutual
> fund.

> Chris wrote:
> > A noncash impairment charge for goodwill? This is an action taken by
> > Avis Budget that must not be overlooked. Such an impairment charge is
> > a powerful indicator of an extremely serious problem of company
> > overvaluations of their own value! At least they're finally admitting
> > that their goodwill was overly inflated in order to bloat their
> > financials and gain investor interest. I took one look at their recent
> > 4Q report and immediately exited my long position today: 2100 @
> > $12.72. Sold every last share I own. Thanks Avis!