Member Info for Keeffe2387

I've been a holder of BPC for a few months now at 3p and I have to say the only reason I have kept holding is the good quality factual posts in this group (obviously filtering the crap) that then send me off to do more research. I normally like shorting some stocks as well as holding others, as you will see from my other posts but this I'm in at 30,000 shares. Good luck all and thank you.

I think this is a case of wait for news - the share price is bouncing around the same levels as day traders and short squeezes happen. Shorters buying and day traders selling.

It's at a level I think people feel the risk is worth it I think it will be sub €2 if no news this week as people pull out to invest in other things.

There are some serious fools on here and you my friend seem to be the leader :) Good evening all

After hours sees it at 33, I shorted this stock but I've made a small investment with the profits as a buyer - I can see this at 37 (minimum) by week end. Not just a pump post I'm convinced it's got upward movement just not sure for how long

The group - loses assets which means it loses value -

BERLIN (Reuters) - The administrator of collapsed German payments firm Wirecard said on Tuesday that more than 100 investors have expressed interest in buying the company's core business and its holdings.

"The aim is to find timely investor solutions in the interest of creditors, employees and customers," Michael Jaffe said in a statement after a meeting of creditors.

Jaffe added that the sale of Wirecard North America's assets was most advanced, with investment bank Moelis & Company already mandated to support such a sale.

Wirecard filed for insolvency last month owing creditors 4 billion euros ($4.5 billion) after disclosing a 1.9 billion euro hole in its accounts that its auditor EY said was the result of a sophisticated global fraud.

(Reporting by Emma Thomasson; Editing by Edward Taylor)

You might end up getting something back if the latest news on Reuters is correct - I made a small buy of £500 at 2.1 going against everything I've been touting. Debating whether holding over night is too risky or not.

It's found a lot of resistance at 2 I think if it breaks 2 it will tank to 1.1/1.2 I've quit my short position . Any bit of positive or negative news can see a .4 swing - way to volatile.

Anyone holding this still

I don't overly disagree with you, I'm starting to wonder if it will survive when a month or two ago I was sure it wouldn't I've closed my position as it's too risky and considering a small buy with the profits

Can someone please tell me how a CFD has any relevance on the share price and how they think shorters are manipulating the price. The fact the share price was dropping before hand, bad results, oil crash, pandemic, debt, abandoned wells - yet it's the shorter 'knobling' the price.

I'm intrigued to know how this works and im open to suggestions how I've missed the point here

It's just opinion used to invoke friendly and educational discussion, no need to be offensive or presume people are headcases because they don't share the same views have a great weekend all.

There is hope in it reaching 35p for all I make a small profit to reinvest and you guys get value of you bought in at the right price. I have my opinions and that's what a discussion board is for. If I was convinced to close my position and invest I would it's only simple mechanics.

I wish everybody luck I just offer my opinion.

Ha ha ha the profit point changes as confidence increases - I had it adjusted anything from 40p to 2p at times over the period of January - mid March as it fell but it took a rise around 8p ish to 24 so I missed the chance to cash it out. It's all very simple I've readjusted it back to 10p.

Throwing £200 shorting a stock is not exactly putting me in enemy territory surely.

All very well compiled and thought through, we run the risk both ways - opening at 10p Monday or opening at 80p Monday for sure the stop loss will be triggered at what expense well I will come back and tell you, I can leave it running forever as the risk increases over time. However we all play the same game just from different ends of the field

Not at all - it's my first time posting here about this stock. I short sold this at 60p so 10p is where I aim to pull out. And I genuinely believe that with the pandemic, underwhelming results and the fact it was falling before the oil crash point only one way, I could into more detail but we will see what happens, my profit point is set at 10 p and my stop loss at 35p. I hope everyone makes money along the way but this is one stock to avoid for a long time.

This companies likely to see 1 before it sees 5. I'm betting on bankruptcy.

On bloomberg can't post the link

Wirecard’s administrator says there are “numerous interested parties” in the company’s assets. Who wouldn’t want to nose around the books of this infamous fallen technology star? But beware of thinking that Deutsche Bank, or anyone else, will truly come to the rescue.

https://finance.yahoo.com/news/deutsche-bank-come-wirecards-rescue-112204812.html

Interesting article

I have no issues with anyone personally. I wish everyone good fortunes along the way. Opinions we all have and right or wrong hopefully we all profit from it. Today looks to be an exciting day already gone from 2.8 - 3.3 pre opening

It's not actually that much good news, they only want the banking arm and are one of the 16 banks owed money = money making assets out of the group