Jeronimo Martins SGPS SA (OTC:JRONY), Up By 8.39% ($2.60) From $31.000 After BUYINS.NET Report Predicted Stock Would Go Up Due
August 14, 2012 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Tuesday, August 7th 2012 stating that Jeronimo Martins SGPS SA (OTC:JRONY) was expected to go Up due to the Bullish conditions presented in the following report. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=jrony&id=298908
At the time this story was written, Jeronimo Martins SGPS SA (OTC:JRONY) is Up By $2.60 (8.39%) since the BUYINS.NET report was released.
The movement of stock prices in the days and weeks leading to and following specific fundamental or technical events may follow a predictable pattern. Many companies stock price histories show random or unpredictable movements around certain events. But some seem to repeat the same pattern quarter after quarter, year after year. We use powerful computers to uncover those events and correlations to generate predictions with high probabilities of generating very specific returns within very specific time periods.
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Jeronimo Martins SGPS SA (OTC:JRONY) - Jeronimo Martins SGPS SA, through its subsidiaries, engages in the production, distribution, and sale of food and other fast moving consumer goods primarily in Portugal and Poland. The company operates supermarkets, hypermarkets, cash and carry stores, food service platforms, apparel and electrical appliances stores, petrol stations, pharmacies, sandwich stores, specialized retail stores for chocolates and confectionary, and restaurants. As of December 31, 2009, it operated 334 supermarkets in Mainland Portugal and 13 in Madeira under the Pingo Doce brand; 9 hypermarkets under the Feira Nova brand; a chain of 33 cash and carry stores and 2 food service platforms in Mainland Portugal, and 1 cash and carry store and 1 food service platform in Madeira under the Recheio brand; a network of 1,466 stores under the Biedronka brand; a chain of 24 pharmacies under the Apteka Na Zdrowie brand; a network of 24 specialized retail stores; a chain of 33 ice-cream stores; and the Jeronymo chain of kiosks and coffee-shops with 26 points of sale. It also manufactures food, personal care, and home care products; margarines, iced tea, ice creams, and washing detergents; spreads and cooking products, ready to drink tea, soups, savory products, olive and seed oils, and cosmetics. In addition, the company involves in the provision of services in the economic, financial, investment management, market research, procurement and marketing, and bargaining techniques areas. Further, it engages in the management, administration, purchase, and sale of real estate properties; exploration of trade marks; distribution of non-food and consumer goods; provision of consultancy, logistics, training, and business portfolio management services; and the operation of mobile virtual network. The company was founded in 1782 and is headquartered in Lisbon, Portugal. Jeronimo Martins SGPS SA is a subsidiary of Sociedade Francisco Manuel dos Santos, S.G.P.S., S.A.There is a failure to deliver in shares of JRONY
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