ssaskee

JUMIA / DOLLAR

Long
NYSE:JMIA   Jumia Technologies AG
If you are trading stocks maybe this one can be profitable on long run. Jumia invested a lot of money in marketing in previous two Q, but their marketing failed expectations and boosted sales only around 8.5%.
This was main reason for sell off, I think now it is time to start buying the fear, and start waiting for our profits to come in following year. It is long time investment especially compared to cryptocurrencues.
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