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Memo0606
@Memo0606
2Wk·

Wolters Kluwer

It keeps going downhill

how much further down do you think it can go? $WKL (+5.58%)

3
19 Comments
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Epi@Epi
2Wk
It can go down to 0. 🤓

Any lower would be nonsense. And others are responsible for that here! 🤷
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TotallyLost@TotallyLost
2Wk
@Epi shortly before 0 🤓
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Epi@Epi
2Wk
@TotallyLost Delphi is at 0.
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TotallyLost@TotallyLost
2Wk
@Epi What is a Delphi?
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Epi@Epi
2Wk
@TotallyLost Don't you remember Delphi, GM's biggest supplier, which went bankrupt in 2008/09? I speculated on a rescue back then. It went wrong, the share was set to 0 and derecognized.
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TotallyLost@TotallyLost
2Wk
So this one is also at 0 and yet it still costs between €15 and €30
https://www.ebay.de/b/Beate-Uhse-in-Sonstige-Historische-Deutsche-Wertpapiere/59077/bn_7004366228
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Epi@Epi
2Wk
@TotallyLost I understand that! But who buys such a piece of paper for 10€ with an old tire on it?
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TotallyLost@TotallyLost
2Wk
@Epi so I'm still thinking about it 😂
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Epi@Epi
2Wk
@TotallyLost Beate Uhse or Delphi?
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TotallyLost@TotallyLost
2Wk
@Epi erstes
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Epi@Epi
2Wk
@TotallyLost Well, lucky you!
Just take the next dividend for it and use it as a Christmas present for a colleague. 😅
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Dividendenopi👴@Dividendenopi
2Wk
Technically, there is still room to the downside. Strong negative trend and negative momentum, SMA 20 below SMA 50, also SMA 100 below SMA 200. The current very low RSI could indicate that the stock is oversold. However, this alone is probably not enough for an improvement
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TheMaverick@TheMaverick
2Wk
Way down we go 🎶

You should be happy to buy at lower price, However there is negative momentum around the stock right now for 2 reasons:

$TRI which is one of his closest competitors report flat revenue growth and the stock fell, so in simpaty also $WKL is falling

Plus, in February the old CEO declared departure from the company after 20+ years and the market is worried about the new one (basically the stock started to go down from February this year)
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Klein-Anleger1@Klein-Anleger1
2Wk
@Multibagger possibly a nice trade to short? Haven't found any more ask prices this late in the evening 😅
Downtrend is definitely in tact 😶‍🌫️📉
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Cashflow I.@Cashflow_Investor
2Wk
The sell-off is already brutal. Without mercy
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SunriseRanger@SunriseRanger
2Wk
Why keep going downhill, the only way is up 🤣
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Memo0606@Memo0606
2Wk
@SunriseRanger ne downward trend
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SunriseRanger@SunriseRanger
1Wk
@Memo0606 to the mooooon
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Mau@ProMau
1Wk
I also find it crass. Delivers decent numbers and lifts outlook and no new news (at least I haven't found any?) and stays in the AI game and is completely torn apart.

Well, very good for buying later
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