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Wirecard AG ADR (WCAGY)

OTC Markets
Currency in USD
Disclaimer
0.02
0.00(0.00%)
Closed

WCAGY Comments

Good news for next week!!!https://citywire.co.uk/investment-trust-insider/news/darwall-ploughs-4m-into-european-opportunities-shares-after-wirecard-fallout/a1378886
still no clarity answers of missing money funds https://www.cnbc.com/2020/07/09/why-some-investors-are-holding-onto-wirecard-shares-even-after-insolvency.html
"U.S. DoJ examining Wirecard as part of probe into alleged bank-fraud conspiracy: WSJ" https://www.investing.com/news/stock-market-news/wirecard-under-criminal-scrutiny-by-us-authorities-wsj-2223755
its a gamble as lots of ongoing criminal investigations https://www.reuters.com/article/brief-wirecard-under-criminal-scrutiny-b-idUSFWN2EF0TChttps://www.nytimes.com/reuters/2020/07/08/business/08reuters-wirecard-probe-doj.html
1 share of Luckin Coffee (LKNCY) = 2 shares of WCAGY !!!! Unbelievable!!!!
It will definitely shoot up tomorrow 7/8 due to these facts:1/ Selling Northern America & Brazil Wirecard operation to pay their debts.2/ Germany government will back it up since it is too big to fail.3/ Deutsche Bank will probably back it up too.4/ Lots of investors interest in buying Wirecard subsidies.5/ New CEO, CFO and executive management to run business legitly.6/ 98% discount price when buying but only 2% risk. So why not take a chance since the risk is manageble.Good luck all.
this company is on a fraud allegation which destroy any financial services company all money invested will belost
its gonna reach 1 again
why can't it be traded on Ribinhood ?
It trades on OTC. Rh doesnt support pink sheets
Is that a reverse stock split or the rise is actually real?
Real
why again its shooting climbing rising upwards?
Can I sue Fidelity investments for not allowing me to buy this stock at 75 cents, but allowing me to buy in at $19?
new target 0.31$
Might want to revise your target...
goodbye paper
Insolvency, but not yet bankruptcyCalling for insolvency implies that the company is unable to meet its debt obligations in the short term, either due to negative cash flow or a negative net asset balance. Given the scope of the incident, this appears to be a case of the latter.According to its latest financial filing in 2018, the company has a net income of about $350 million, though given recent history, investors may want to take a closer look at the numbers.During insolvency procedures, companies will generally enact drastic measures to stay afloat, such as cutting staff and expenses, restructuring debt, selling a portion of its assets and others.Bankruptcy occurs when the company is completely unable to pay its debt obligations. While insolvency is a prerequisite of that, it does not indicate complete failure of the company.It will go up on wednesday, not over yet.
Why on wednesday?
Bankwupt, wait for robinhooders
They will save this stock....haha....
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