$Jumia Technologies (JMIA.US)$ any negative news ?
$Jumia Technologies(JMIA.US$ any negative news ?
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treydongui : I think it might be reversing and looking up because it's sitting at a very nice Value Point. since I'm suspecting it may have recently reversed that will also come along with a very tight stop loss because risk is very high obviously if the market should turn bearish or the stock becomes bearish. with risk kept to a limited potential the rewards look exponential ;) that's why I'm here buddy. Anyway let me know what you come up with in your DD.. Have a great day man
sowhatjpOP treydongui: Thanks for your comment. it’s market cap is $3b. I think it’s undervalued for no.1 e-commerce company in Africa with no competitor. No wonder if it is doubled. there is also a possibility to be acquired by big e-commerce companies such as Amazon and Alibaba. If it happens potential is exponential as you said. Have a great weekend!