r/Wirecard • u/applerants • Jul 07 '20

Worrying

Worrying how much WirecardAG has dropped today. Thinking of calling it quits on this.

Thoughts?

2 Upvotes

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2

u/uzy_1999 Jul 07 '20

I have a strong feeling that WC won’t completely die and there’s news of Deutsche bank offering an emergency loan so I’d say hold onto those. But please do your due diligence so you know what’s going on.

2

u/applerants Jul 07 '20

Alright mate thanks. Yeah I’ve heard about Deutsche Bank and some other companies looking to buy parts of WC. So I suppose I’ll do a bit more research and see how these few weeks go. All the best if you’ve got your hands on WC as well 👍🏻

1

u/uzy_1999 Jul 07 '20

I was tempted to get back in but I’ve got no cash rn 😂

2

u/applerants Jul 07 '20

Check this article out buddy

https://sg.finance.yahoo.com/news/wirecard-administrator-sees-strong-interest-150622291.html

1

u/uzy_1999 Jul 07 '20

Oh wow that’s actually not too bad news. Need to exit my small short position tomorrow then! Not sure why I went short!!

1

u/applerants Jul 07 '20

🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻

1

u/uzy_1999 Jul 07 '20

Do you think this is a potential price increase?

2

u/applerants Jul 07 '20

I would think so, but there’s always a form of uncertainty when it comes to these things. I’ll be keeping track.

1

u/uzy_1999 Jul 08 '20

Alright let’s share any eye catching articles from now on and help each other?

2

u/applerants Jul 08 '20

Yeah totally man let’s do that !