Wirecard`s lowest lowfrom 200 to 0.51
Almost 400X
63.674M Market Cap
If it doesn`t bounce from here, then when?
WDI-XET
WDI Wirecard insider buy? Why 68% in pre-exchange trading?!First of all Wirecard stock jumps up to 68 percent in pre-exchange trading at the beginning of the week. The reason for this is progress in the search for investors. According to insolvency administrator Michael Jaffé, 77 interested parties have signed confidentiality agreements for the core business: "We are confident that we will find an investor for the core business that offers significant entrepreneurial opportunities in an enormously growing market for an investor."
Second, reports say that someone bought 1 mil euro worth of shares, maybe it was an insider buy who knows the deal Wirecard is about to make.
In third place it`s Angela Merkel, the Chancellor of Germany who promoted Wirecard in China before the scandal, she somehow co-signed for Wirecard by doing that. I think the German government won`t let its people who put their lifetime savings in WDI stock to loose all the money. They also gave money to Lufthansa, they will need to buy part of Wirecard too. For sure they want a piece of that financial working business.
Wirecard has Assets of 5.85Bil Euro and Liabilities of 3.93Bil, so a nice debt to assets of 67%.
We will see a bounce sooner than expected.
Not trading advice.
If you are interested to test some amazing buy and sell indicators, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
Best time to buy Wirecard ?Wirecard is close to a double bottom. The ones who did`t bought at 1.2 euro, now have the second chance at 1.5 euro.
Can easily make a 5x.
Only 200mil market cap.
Not trading advice.
If you are interested to test some amazing buy and sell indicators, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
WCAGY WDI Time to reenter this trade | WirecardWith a Mkt cap of only 262.95M, once the pride of the german fintech, Wirecard has still room to grow if they manage to reestablish trust with a new board.
The indicators show a buy signal at the actual price.
Not trading advice.
If you are interested to test some amazing buy and sell indicators, which give the signal at the beginning of the candle, not at the end of it, like others, just leave me a P.M.
#wirecard - to take the cake #wdiSince Corona, some life has come back to the House of DAX.
Well, Wirecard CEO Braun has been a red flag to many investors and so Dax company (till July 20?) and the auditors of EY Ernst & Young surprised the market by reporting that 1.9 billion euros in escrow accounts could not be properly verified.
After all, that is 1/4 of Wirecard's balance sheet.
Since the balance sheet is unlikely to be ready by mid-July, investors should take care that loans worth EUR 2 billion could be cancelled (another 1/4 of bs).
This means that the current discount of 50% is ok and down movement could even be just the beginning if no liquidity can be secured by then.
However, if the loans are extended, the situation could become calmer again.
But who knows with what surprises CEO Braun will be back around the corner by then
Nothing for cowards.
