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What a strange situation. WireCard immediately looked dubious when I did some research about it last year (as a regular stock investor) and I often stumbled ove
by lazyjones 6y ago
What a strange situation. WireCard immediately looked dubious when I did some research about it last year (as a regular stock investor) and I often stumbled over opinions like this one https://www.deraktionaer.de/artikel/aktien/markus-krall-lufthansa-oder-wirecard-halte-mich-an-warren-buffett-20202608.html https://www.deraktionaer.de/artikel/aktien/markus-krall-luft... (German, sorry) where somewhat reputable people said they would never consider investing into WireCard, without giving a specific reason. The business model of a payment provider is straightforward and ought to be hard to get completely wrong, "what's there to be afraid of that nobody wants to speak about?", I was wondering. In hindsight it's like everybody knew or had a gut feeling something was fishy but decided not to talk about it.