valuetrading2018
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Hi,
Yesterday I read an article about a German company called MyBucks that trades on the Frankfurt stock exchange. The stock seems to be oversold (Williams %R: -85) but it's very illiquid. Is anyone familiar with this company? It's trading at c.EUR 4 a share, but in December 2018 they made a capital increase at EUR 8.7.
Is this an opportunity? Or will it continue going down? If I buy now, will I be able to sell the stock afterwards (as it's not very liquid)?
Thanks!
P.S. See the article I read below:
<https://lakelandobserver.com/mybucks-sa-mbc-de-under-the-watchful-eye-of-investors/441915/>
Yesterday I read an article about a German company called MyBucks that trades on the Frankfurt stock exchange. The stock seems to be oversold (Williams %R: -85) but it's very illiquid. Is anyone familiar with this company? It's trading at c.EUR 4 a share, but in December 2018 they made a capital increase at EUR 8.7.
Is this an opportunity? Or will it continue going down? If I buy now, will I be able to sell the stock afterwards (as it's not very liquid)?
Thanks!
P.S. See the article I read below:
<https://lakelandobserver.com/mybucks-sa-mbc-de-under-the-watchful-eye-of-investors/441915/>
