MercadoLibre, Inc. (MELI)

xserver (98.79) Submitted: 11/14/2009 1:48:27 PM : Start Price: $45.50 MELI Score: -7.53

Way overvalued. There are some challenges coming in the Latin American economy.

tombo615 (51.52) Submitted: 10/22/2009 3:05:20 PM : Start Price: $40.16 MELI Score: -20.73

Meli is a solid company that has increased its revenues and paid of some of its debts in the recent years, but it is trading so astronomically high over its book value its not even funny. Their current book value per share is roughly $2.41 per share, and its market price is $39.77 per share. You do the math.

Meli to me looks like a corporate bubble thats about to burst. I think prices will drastically drop, than level off.

trueindian25 (< 20) Submitted: 9/23/2009 4:52:15 PM : Start Price: $38.50 MELI Score: -23.24

It has gone too high.... now is the time for pullback...

fetti (< 20) Submitted: 9/14/2009 11:13:02 PM : Start Price: $30.17 MELI Score: -50.69

PE for MELI sky high. Entire market overbought. Insider selling. Look out below.

Northville (77.39) Submitted: 8/28/2009 10:57:35 AM : Start Price: $31.09 MELI Score: -49.87

Similar theme to my recent picks - simply an overvalued stock

JerryDreamer (< 20) Submitted: 8/2/2009 8:36:41 PM : Start Price: $29.53 MELI Score: -54.32

There is less momentum, less volume, and less buying going on. We are in the last part of this rally.

Paramnesia1930 (98.20) Submitted: 7/31/2009 7:31:31 PM : Start Price: $29.53 MELI Score: -54.32

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%).

tribudelectus (< 20) Submitted: 9/12/2008 6:18:09 PM : Start Price: $25.44 MELI Score: -98.19

This stock is mainly supported by the great expectations on Latin American e-commerce, but we should also consider the regional economy's environment for IT and e-commerce. I think these sectors will grow up in the next five years, but I don't expect to see a higher movement compared to the global rates.

I think MELI will have a speculative trend in the mid-term. We should consider that the company is monopolizing e-commerce in the region, but the sites are not diversified: You often can see the same ads in 3 different sites: mercadolibre, dereto and deremate. I have explained in other message here that the company needs to fix some "holes" to improve operations and to bring more users (both sellers and customers) to e-commerce.

My buy is under $10.00

BrianRuth (99.23) Submitted: 7/9/2008 2:37:40 PM : Start Price: $31.87 MELI Score: -62.74

If it doesn't excrete golden eggs, I'm not going to pay 100 times earnings for it.

j1e1k1 (97.90) Submitted: 6/7/2008 3:13:17 PM : Start Price: $44.03 MELI Score: -27.45

Overpriced growth stock.

dothedow (74.74) Submitted: 5/6/2008 4:18:12 AM : Start Price: $56.20 MELI Score: -5.36

5

breland1431 (65.78) Submitted: 4/5/2008 12:47:08 AM : Start Price: $44.11 MELI Score: -27.76

?donde esta la bibliotecha? es en mi pantalones

StockHunter007 (36.83) Submitted: 3/13/2008 10:32:11 PM : Start Price: $39.23 MELI Score: -37.86

Next Ebay! For south America and Central

jpallen1977 (< 20) Submitted: 3/3/2008 9:27:17 PM : Start Price: $36.86 MELI Score: -45.47

I believe that this stock may catch fire but it will be purely on speculation. Not based on fundamentals. I do business in Mexico and culturally it is going to be very hard to convince latins to purchase products from complete strangers. I know that this is the same rationale that many bears took against ebay but the facts are the facts. Doing business with latins takes time. Americans make impulsive decisions when it comes to purchasing items whereas the latin buyer wants to know who he or she is buying from. Check out the website, the auctions on Mercado Libre last MONTHS NOT DAYS. Culturally latins do not buy from someone they do not trust whereas Americans just want the best price. Futhermore most latins do not trust the banking system and therefor probably will not be as willing to use a credit card over the internet. Besides, the stock is selling at 200 x's earnings. EXPENSIVE!

gianefiasco (22.21) Submitted: 1/31/2008 11:20:26 PM : Start Price: $38.50 MELI Score: -43.42

Overvalued even after sell-off.
Long term bullish

danes212 (25.96) Submitted: 1/29/2008 5:25:17 PM : Start Price: $40.80 MELI Score: -34.87

it seems that it went up to fast no one seems to know what is doing