Investors who still have Wirecard shares in their portfolio should sell them before they leave the regulated market.
This is advised by the German Association for the Protection of Securities Holdings (DSW) and refers to various disadvantages that could otherwise arise for investors.
On November 15, Deutsche Börse will take the Wirecard shares from the regulated market, as the company announced a few weeks ago.
Then there should be no more price determination for Wirecard shares.
"This is not good news for investors who still have the paper in their depot," says Marc Tüngler, General Manager of the DSW shareholder representative.
“Anyone who wants to trade Wirecard shares in the future will have to switch to the largely unregulated open market.
How long this will work is completely open. ”The course is likely to be even more erratic than it is now.
From Dax company to Pennystock
In the summer of 2020, the price of the former model group fell from more than 100 to less than one euro within a short period of time. On Friday the share was quoted at 18 cents, in the summer also briefly at 45 cents. Obviously, some speculators are still trying to profit from such price fluctuations. For the investors who once got into the Dax group at prices of around 200 euros, the investment remains a total loss.
"Your bank will only certify the loss to those who sell, which is then automatically offset against profits from the sale of shares," said Tüngler.
How long a sale will be possible without any problems is difficult to assess.
"One thing is clear: Losses that are not based on the sale of securities, but on a write-off due to worthlessness, can only be claimed to a limited extent since January 1, 2020, in the amount of 20,000 euros," warns Tüngler.