ADYEY - Wirecard: Excessive 60% Default Risk Already Priced In
Editor's note: Seeking Alpha is proud to welcome Eltville Research as a new contributor. It's easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to SA PREMIUM. Click here to find out more »
Been there, done that
Though the recent share price performance of Wirecard (WRCDF) was nothing to write home about, long-term investors who stood by their Wirecard investment were rewarded handsomely in the past. While an investment in Wirecard remains highly speculative, we are convinced that risk/reward is