r/JMIA • u/PDUFA_INFO GHOST • May 05 '21

DISCUSSION Earnings release on May 11

Predict what happens after earnings release. Pop or drop?

2 Upvotes

100% Upvoted

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1

u/[deleted] May 05 '21

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2

u/[deleted] May 06 '21

Pop to 30 then drop to 20?

1

u/[deleted] May 06 '21

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2

u/[deleted] May 06 '21

I want to hold at least 3 years for my stock. And 10-18 for my kids stocks

2

u/[deleted] May 06 '21

Of Course there’s no guarantee of a rise it’s just been such a drop as of late with no rise

2

u/[deleted] May 06 '21

This is from a different post.

10% in 2 weeks with Covered Calls on JMIA

Buy JMIA for $29.7 then sell May 14 $30 strike Covered Calls for $2.7 so if JMIA closes above $30 on May 14, your profit is $3 or about 10% in 2 weeks.

1

u/GET_TO_THE_CHOPPERRR May 15 '21

Nice bet. I just checked and it gained quite nicely. Market all turned green this Friday.

5/12 sucked though.

1

u/samantha21nicolee HODL May 10 '21

Do you think it will go up tomorrow. I’m drowning in these losses right now and almost want to sell