Usually a chief executive can`t sell his shares as long as he is still on in the board. So he had 2 options: resignation or divorce, like Jeff Bezos - and then his wife could sell at least 400mil usd worth of shares. :) Mr. Markus chose resignation.
So what do you think it will be the outcome of his shares?
I chosen the 1h chart because if you want to play with fire it is the highest timeframe where you have e buy indication. In rest, shorting is the only option.
Looking at the market cap, Wirecard is at the 2014 level with 3.15Bil. it has still a lot of room to go down. I wouldn`t be surprise to see the 2008 low price of 3.5 euro .
Not financial advice.
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