Sorry but all Equity is worthless, they are selling its pieces Wirecard’s new management is seeking to keep the company afloat and may consider the sale of some of the company’s units, which could allow creditors to recover at least some of their investments.
Wirecards’ 500 million euros of bonds due 2024 last traded at 20 cents on the euro. The company’s 900 million euros of convertible notes stood at 12 cents, according to data compiled by Bloomberg.
I don't understand why the new fashion is to gamble with worthless bankrupt companies like LK , Hertz and now Wirecard
This can be a good game for day trader but my advise is to cash your gain at the closure if you are lucky enough to win
Equity is worthless , they won't be enough money to cover the debt-holders already.
This is casino so please know what you are doing
Bankrupt
AAL Long for the future?!All the analysis is saying that until june we should go long in hopes for a profit, which I would agree with. However let us look at the bigger picture - as this can go very good or very bad.
If the virus does go on for longer than the summer and until December, the US economy (in my opinion) will not be able to bail AAL, as they simply won't have the cash or they will have to focus on other things to bail out.
However, if restrictions are removed and the economy does start to shown signs of a comeback, a long from now on could be the best option as even though they may about to go bankrupt; the USA could bail them out. IF!!!! This virus does not go for long.
Do not use this as investment advice. This is just to help guide you if you are investing in AAL, but do not use this as your final decision to invest.
Invest carefully and hope ypu all stay well!
One of history greatest rektageTravelling back in time to the 19th century, the time of railroad bubbles.
Back then the corrupt government would make laws that prevented legitimate capitalists from fairly competing and trying to provide the greatest benefit to society, to instead let friends of theirs have a monopoly and charge honest citizen whatever they wanted to. (I will make a separate idea on this later maybe tomorrow).
In 1857 he ended in a fight to gain control of the New York and Harlem Railroad, one of the only two lines with direct access to Manhattan and had some unique advantages.
He later explained that he wanted to show that he could take this railroad, which was generally considered worthless, and make it valuable.
Can you guess what happens next?
And this is how corrupt council members and crony capitalists got rekt beyond belief.
I assume Cornelius Vanderbilt had a personal army as security, to prevent him from hanging himself.
TSLA NEW LOW or NEWHI or bankrupt?TARGET 1 = 255
Buy = 210
Stop = 200
PROFIT = 255
R=(255-210)/(210-200)=45/10 R=4.5
TARGET 2 = 140
Short position around = 255
Stop = 280
PROFIT = 140
R=(255-140)/(280-255)=115/25 R=4.6
TECHNICAL ANALYSIS:
technically, you can buy, sell, trade and trade tesla.
Tesla made good levels .. When we break through the global level 200 and confirm this level. Definitely need to short.
As you can see, the Moving Average 200 does not overlap 50, which means that HEDGE Funds and Large Buyers are not yet ready to sell Tesla ..
Any transaction must enter from STOP.
FOUNDATION:
Tesla - bankrupt?
The company Ilona Mask, which produces Tesla electric cars, is approaching bankruptcy if it does not pay nearly a billion dollars in bonds or does not raise stock quotes on the exchange by at least a quarter.
In general, Tesla placed five debt issues: in November 2018, it had already been repaid at $ 230 million, March 1, 2019 (volume at $ 800 million face value), March 1, 2021, March 15, 2022 and August 15, 2025 year (1.8 billion dollars). At the same time, rating agencies assigned to the “junk” ratings from the very beginning due to problems with the Tesla Model 3 model from the very beginning. At the same time, Moody's experts specifically clarified that the company in 2017 had already borrowed more than 700 million dollars, and warned lenders about the high risk of losing their money.
In general, the company's debt load reached $ 10.3 billion by the end of 2018, with a ratio to equity of 243%. That is, at $ 1 of own funds the company owes almost $ 3.5. Of this number, bonds account for about $ 7.5 billion, and the reserve on the balance of money and equivalent funds (for example, shares) is only $ 3.4 billion.
Ethan Allen (ETH) Goes Bankrupt (Highly Likely) - brschultzRan ETH prior to earnings tomorrow night and the 3 hour model (eue tu.ub) projects a never-ending projection into the future for a buy point which i read as an endless fall into the abyss because if there is no bottom the prices would just collapse indefinably.
brschultz aka markettimer777
