Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Or short squeezed..
Lots of pennystocks and OTC stocks have been getting pumped lately
Anyone know why we’re getting some upward movement now? I’m unable to find any recent stock news that would spur it on. I’m happy it’s ticking up just don’t know why.
BOOMTOWN GAPPER!
This could be it. I expected a bigger move down before a run. Oh well
WCAGY going to finish the dip and complete divergence soon and then pop.
money are here
Patience will pay in short term.
Deutsche works with regulators on Wirecard Bank bailout
https://amp.ft.com/content/fe7742d7-547c-4a28-a6b3-e949e007e35d
Agree it’s trading almost at $6.00 right now in Germany .
WCAGY $$$ GOING TO MOVE LIKE (RCEL) DID TODAY..LOOK AT THE MASSIVE BOUNCE THAT WILL HAPPEN ON THE CHART !!!..THIS WAS TRADING AT $60-$70/..THE CHART IS HUGE !!!!
Agree, $15.3 billion dollars company, it was over $70 dollars just last week, it’s back in business should be back up $10, $20 then boom very fast, easy money $$$
This will be soooo green. Unfortunatelly, this is one of thise companies nobody knows, they operate behind curtains, but they are so bigggg.
Its like apple $AAPL no one knows much about the producers...but everyone knows who they see in the shelfs.
WIRECARD is one of thise in a lifetime investment opportunities.
This stock shorted big time HUGE SHORT SQUEEZE COMING SOON .
Should see $5 dollars before the end of the day .
Wirecard USA for sale ????
This is getting juicy... by the hour.
https://www.theedgemarkets.com/article/wirecard-north-america-seeks-buyer-distances-itself-german-company
The UK's financial watchdog has lifted restrictions on German payments company Wirecard, allowing it to resume payment activities.
And we will see $5 + tomorrow
Wirecard restrictions lifted by FCA
https://www.fca.org.uk/news/statements/fca-statement-wirecard
Agree
In a statement on Saturday, the company said its management board believes continuation of operations “is in the best interests of the creditors.” That includes its banking unit, which is currently not part of the insolvency proceedings.
“The electronic funds transfer of Wirecard Bank are not affected,” the company said in the statement. “Payouts to merchants of Wirecard Bank will continue to be executed without restrictions.”
Wirecard said on Thursday it’s ceding control of funds at its banking unit after Germany’s financial regulator stepped in to prevent the money from being deployed elsewhere at the company. Wirecard Bank AG is not part of that process and BaFin -- as the watchdog is known -- has appointed a special representative for the unit.
Did you mean .20-.24???
'The money's gone': Wirecard collapses owing $4 billion
https://www.reuters.com/article/us-wirecard-accounts/the-moneys-gone-wirecard-collapses-owing-4-billion-idUSKBN23W176
I've been following this for the story. This is like Germany's version of Enron. Massive company, money doesn't exist, tries to hide the debt, but the insider trading doesn't seem to be present as much. Perhaps it caught them off guard when they were caught. I wonder how much money is actually in their reported $billions of assets if they liquidate.
Agreed.. Had a 13.9 billion market cap now 2.9 bil... should bounce back to 10 billion market cap...
German Police Preparing To Arrest Former Wirecard Execs As Evidence Of Massive Fraud Mounts
https://www.zerohedge.com/markets/wirecard-shares-down-50-company-admits-missing-cash-wont-ever-be-found
they deal in the realm of traditional banking and payment processing. It's quite telling that they're the one's who had $2b go missing,
'Total disaster': Phantom billions plunge Wirecard into chaos
- Wirecard said on Monday that 1.9 billion euros ($2.1 billion) it had booked in its accounts likely never existed
....The company has been under scrutiny since the whistleblower alleged the web of sham transactions. This culminated in a search for the missing cash, which last week hit a dead end in the Philippines.
The Philippine central bank said none of the money appeared to have entered the country, after Bank of the Philippine Islands (BPI) and BDO Unibank said documents purporting to show Wirecard had deposited funds with them were false.
https://www.reuters.com/article/us-wirecard-accounts/total-disaster-phantom-billions-plunge-wirecard-into-chaos-idUSKBN23T06V
Talk about a cagy bussinesses. Hell, the ticker itself is the biggest red flag wCAGY. Buyer beware
Followers
|
7
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
53
|
Created
|
02/21/20
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |