Wirecard- buy? Sell?

Thanks, yea I saw it popped back up about 10 mins ago :+1:

Ahh I was going to short again today but I took too long waiting for the “perfect” price. Teaches me!

Whats the next stages here as they are still trading?

Probably slowly dwindle down, business collapse as key suppliers pull their agreements.

This will get like Hertz. Not worth buying or shorting at these levels.

With them owing $4 billion dollars, I can’t see how they are going to find that down the back of a sofa, or anyone wanting to help them out.

They have like 5 days left of their existing financial support agreement from what I read as it was due to expire the end of June.

Agreed - however I can’t rule out a spike in their share price as some gamblers want to make a 100% increase.

For me, it is about when it gets delisted.

If that happens, I am not sure what happens to your CFD short position…

Yep, some replies in this thread clearly show that we are potentially in some kind of bubble.

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went to beach came back Wirecard had eating my CFD account with its news lol balance 0.00

https://uk.finance.yahoo.com/news/interpol-most-wanted-list-former-wirecard-executive-jan-marsalek-113234266.html

Germany has asked Interpol to help it find former Wirecard (WDI.DE) chief operating officer Jan Marsalek, who has been at large since the payments company’s massive accounting scandal broke in June this year.

Bought these cack shares 6 mins before the crash.
Lost a lot of cash I had to make up for later on :hot_face:

Can’t wait to watch the movie…

https://uk.finance.yahoo.com/news/germanys-stock-exchange-plans-tougher-rules-after-wirecard-scandal-101809247.html