June 16, 2021
Disclaimer : All views expressed and written in this article are my own opinion and do not represent the opinions or the entity whatsoever with which I have been, am now or will be affiliated. If you happen to disagree with something that I have written I would welcome a discussion with you. Just drop down a comment or two.
TOWEL CHICKEN.
It has been circulating in the social media lately about Jollibee Chicken Joy that turns out to be a towel coated and deep fried to look like the real Jollibee Chicken Joy that most Filipinos love.
The viral video tweet shows a deep fried towel that has been served to the customer instead of fried chicken. It is not enough that they post the video, they even approached Raffy Tulfo of Raffy Tulfo in Action, a radio show that is quite popular here in the Philippines.
Jollibee Foods Corporation closed down the branch where the viral towel was ordered for a thorough investigation.
But in spite of what happened, Jollibee garnered more support from its clientele and even from its competitors like Tom Sawyer’s Old Fashioned Krispy Chicken.
As for me, I continue to support Jollibee as it is my family’s all-time favorite chicken joy. I believe there is something of a foul play or maybe an irate employee who intentionally did this.
If this is so, that employee is totally selfish. He did not think about his co-employees on how his actions will affect them too.
POSITIVE OUTCOME
Anyways, there is a positive outcome of this defaming action that is directed to Jollibee. Because of its popularity and support from various sectors, its stock market price shoots up.
Earlier this year, I bought Jollibee stocks at the trade market priced at Php 202 or around $4 a share. It dismayed me a lot because for a while it rose up to Php 207 but I did not sell as I was waiting for it to go up for more. But since then it has dipped to almost Php 170 per share. The market watch prediction for Jollibee was that it will go down until the end of the year. I told myself just to hold on there, not to sell at a loss. Just don’t think about it anymore as it will rise up when it wants to rise up.
But because of the current events, Jollibee shares are now priced at Php 220 even reaching Php 223 at its peak. Though it is quite unstable yet as in just a matter of few minutes it takes a dip for a peso or two and spike up again. It is quite volatile for now.
So as to get the profit that I desired, I just leave an order to sell once the price is again at Php 220.
For sure I will still buy shares from Jollibee. That is how I trust the company.
Thanks for dropping by.
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Lead image by Unsplash.
Wow galing naman, gusto ko din mag-invest sa stock market kaso diko alam kung paano haha