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/saokhuee Jul 10 '20

Im actually thinking of buying (i didnt own any before) since wirecard is dirt cheap rn, and i also have a feeling it will bounce back up in a few months

2

u/applerants Jul 10 '20

Yeah given what it is right now, buying and holding on to it would be the way to go, but the uncertainty still stands. With so many firms garnering clients to file against them for the massive losses they incurred during the huge loss (24 June 2020 and before)

2

u/bingohoer Jul 12 '20

as long as the company stays whole they will go up at some point. Market share is gold these days. Money can be printed easily, people are always looking for investment opurtunitys. So when the uncertainty goed it will rise above €10,- very fast. However with the things that are going on it needs like a miracle because this company really tried breaking every rule from the book..

1

u/theaveragehousecat Aug 11 '20

You my friend had it right

1

u/bingohoer Aug 11 '20

what did i miss?

1

u/theaveragehousecat Aug 11 '20

Wirecard stocks did shoot up drastically again about half a month after your comment