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Message Boards Settings Mercadolibre, Inc. (MELI) - Quote Info
I'm Out For Now      6-Nov-09 06:37 pm    
A little history. I bought this stock in the 50's December 07. Got out a couple of weeks later in the upper 70's. Nice. I then got sucked into the "momentum" stock story. Going to 100! I bought back in around $75. I continued to buy back in all the way down to the low teens. Everytime the stock got traction management tried to sell more stock and would quickly kill the momentum. Watch out for that. I'm sure they are still watch the price gaining traction again waiting for an opportunity.

I really believe this company has great potential and good luck to the longs. I may even get back in some day but right now I have MELI fatigue and I had "way" too much of my capital in this stock. If history repeats itself the stock will go up big on Monday now that I have sold the rest of my position. :>)
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  Subject Author Rating Time of Post (ET)  
 
I'm Out For Now
theadmiral1... Not rated 6-Nov-09 06:37 pm  
 
and therein lies the biggest challenge of investin...
dav01545
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Rate it 6-Nov-09 07:49 pm  
 
And I did buy with both fists at the lower le...
theadmiral1... Rate it 7-Nov-09 02:41 am  
 
you need to put a heavy weight on cerrta...
dav01545
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Rate it 7-Nov-09 08:00 am  
 
the more I read your post the more sad i...
wbouffard@v... Rate it 7-Nov-09 03:10 pm  
 
ebay would love to seee meli low ag...
marduk1@yma... Rate it 7-Nov-09 05:25 pm  
 
actually, when we are in the t...
dav01545
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Rate it 7-Nov-09 08:06 pm  
 
if you follow the history of amzn it had growing ...
raggwead Rate it 7-Nov-09 10:31 am  
 
sorry admiral...but in life you have to fight for ...
dav01545
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Rate it 7-Nov-09 08:10 pm  
 
Thanks everyone for their views. Most of you...
theadmiral1... Rate it 8-Nov-09 01:16 am  
 
yep...and people will sell too soon with...
dav01545
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Rate it 8-Nov-09 08:24 am  
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Mercadolibre, Inc. (MELI)

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At 4:00PM ET: 48.94 Up 0.06 (0.12%)
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