MercadoLibre, Inc. (NASDAQ:MELI)

CAPS Rating: 4 out of 5

An online trading company which focused on enabling e-commerce and its related services.

Recs

1
Player Avatar Paramnesia1930 (29.00) Submitted: 7/31/2009 7:31:31 PM : Underperform Start Price: $28.94 MELI Score: -271.33

The 1929-1930 equity rally (coming out of The Great Depression) lasted 147 days and the market was up 46%. It has been the same amount of time since the March, 2009 low and we are up about the same percentage. It’s déjà vu (paramnesia), so prepare for a drop of about the same percentage (85%).

Report this Post 2 Replies
Member Avatar MeTwit (< 20) Submitted: 10/5/2010 11:43:10 PM
Recs: 0

It seems to me there is lots of Insider selling.

Member Avatar RegLeCrisp (< 20) Submitted: 2/6/2012 10:37:01 AM
Recs: 1

How's that short working out for you?

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