Kilboor wrote: » Bad news from NBRV, CRL issued due to inspection delay, glad I got out near my break even price.
daheff wrote: » I'm in on this stock. I've been watching it for a few years and have to say it's a bizarre story. How do you misplace 2bn of your 2.2bn cash pile??? All the while having 2+bn of debt. Revenue issues are also bizarre. These should be relatively easily proven during an audit. KPMG had an investigation into the company and concluded there was no fraud, but notes they hadn't been given everything they requested. Strange story all round. They do seem to have a reasonable business model though...profitable, good margins etc. Pure pint right now until loans/annual report/cash bals issues are resolved. IF they are, then can see this stock 100-200 quite quickly.....if not....could be a bank led sale....so probably nothing for shareholders.
Bob Harris wrote: » I'd expect it to open down on Monday and bleed for a few days. Might pick up a few mid-week if that's the case.
daheff wrote: » I'm in on this stock. I've been watching it for a few years and have to say it's a bizarre story. How do you misplace 2bn of your 2.2bn cash pile??? All the while having 2+bn of debt. Revenue issues are also bizarre. These should be relatively easily proven during an audit. KPMG had an investigation into the company and concluded there was no fraud, but notes they hadn't been given everything they requested. Strange story all round.They do seem to have a reasonable business model though...profitable, good margins etc. Pure pint right now until loans/annual report/cash bals issues are resolved. IF they are, then can see this stock 100-200 quite quickly.....if not....could be a bank led sale....so probably nothing for shareholders.
When KPMG requested minutes of quarterly meetings between the German company and its third-party business partners, Wirecard wrote that such minutes were not taken in 2016 and 2017. However, on April 23, Wirecard’s accountant EY handed over the minutes Wirecard had said did not exist.
Shedite27 wrote: » I own PayPal. Also own Square and StoneCo. I love the simplicity of taking a cut from transactions. Money is dead, I have the same fiver in my wallet for 3 months now. I reckon it continues to innovate and grow faster that Mastercard/Visa.
Bob24 wrote: » Wirecard admitting that the 2 billions most likely don't exist: https://www.reuters.com/article/us-wirecard-accounts/wirecard-says-missing-2-1-billion-likely-did-not-exist-withdraws-forecasts-idUSKBN23T06V
positron wrote: » So what happens now? Couple of bigwigs gets jail time, and wouldn't someone / some fund come up with the money for a chunk of the business, and then everything back to normal.. eventually?
Lex Luthor wrote: » same, I'll set a buy order in the 60's and see what happens, no harm in chancing it that low
Bob Harris wrote: » Added more FMCI on today's dip. There is another SPAC that looks interesting GRAF but they're only quoted on DeGiro in Frankfurt which puts me off a bit.
Shedite27 wrote: » Yeah after my successes with VTIQ (Nikola) and FMCI (Impossible Foods), I've opened some speculative positions on some other SPAC's. OPES (Burger chain), sounds like I missed the big gains. GPAQ - NFL Theme Park FEAC - unknown target, but the company are mainly involved with sport-based listings, so there's a silly rumour that it'll UFC They're small positions, not "investing" by any definition, somewhat more akin to lottery than anything, but seem to be a few quick gains in them.
Lex Luthor wrote: » had another quick scalp on NBRV today, set a buy order at 62c and it picked it up around midday, just sold off at 76c
Kilboor wrote: » Gem of a stock fair play. Think I'm done with it now. I have two long term biotech stock picks. $Anvs - Low cap, low volume, NYSE listed biotech approaching Parkinson's and Alzheimers differently to any other company so far. Genuinely interesting stuff. Anyway animal studies have been positive so far and there's a number of catalysts over the next few months . Interim results of phase 2b trials on Alzheimers by year end, and dual results for Parkinson's and Alzheimers in Quarter 1 next year. Enough cash to get them to next year so no dilutions. Warrants at 6 dollars. $MIST - Cash laden biotech that has had a difficult year with a drug trial failing to meet its primary endpoint. Share price has taken quite the tumble but cash is always king for me and they're continuing with trialling for variations of the treatment. I'd be happy to take a gamble on it. Again these are relatively long term holds compared to what I usually alert on here
Taylor365 wrote: » Took some profits on NDVA and AMD @ 245 and 45 respectively. Made a list of 26 companies and a price I'll jump in at. Going to review balance sheets and see how leveraged they are and decide whats a gamble and what will easily survive.
in2dark wrote: » today's low is 66cents how did you buy it at 62?
Kilboor wrote: » All depends on the chart you're looking at, if you look at a candles model in 5 minute ticks it should show the lowest low. No idea what it was myself.
Kilboor wrote: » Kirkland's was my next go to but it's after increasing 75% after hours on store re opening news. Still incredibly undervalued in my opinion even at those prices.
hottipper wrote: » Solid tip kilboor out of the trade now thanks again
Thargor wrote: » Anyone taking a punt on Wirecard? Id say its easy money tbh.
iAcesHigh wrote: » easy money to lose money? It's pure gamble as it can obv jump up like Hertz did, but if fraud is proven it's going straight down to 0...
bfa1509 wrote: » Too many day traders in this thread! This is the perfect time for someone like me who wants a company built like a tank to put a nice chunk of savings into and leave it for 5 years without having to worry about it. I already have J&J from a good starting point in March. I'm thinking an oil stock like Exxon Mobil is a sure bet for the long term? I got some nice gains from NextEra Energy, KO and Merit Medical before the virus so thinking of getting back into these. Also had Disney in mind too. Surely everything is a bargain now if you are going long? Any other picks for us slow coaches?
Bob24 wrote: » Any reason it has to be US based? If the main criteria is to pick a super safe stock, what comes to my mind is Nestlé.
