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01-31-2008, 10:32 AM
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#1
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Thinks s/he gets paid by the post
Join Date: Nov 2007
Posts: 1,052
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MELI...A great buy soon?
Is MELI due for a great run? I think $32.50 looks like an incredible entry point. I think South South America will soon be the next China. JMO.
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03-05-2008, 10:52 AM
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#2
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Thinks s/he gets paid by the post
Join Date: Nov 2007
Posts: 1,052
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It really looks to me like MELI is getting ready to run. Held support well and now a move above $39.19 is a breakout. JMO.
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03-05-2008, 11:03 AM
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#3
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Thinks s/he gets paid by the post
Join Date: Jun 2005
Posts: 1,543
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what are the fundamentals?
chart wise looks like a bearish flag or penant or one of the other continuation patterns that go against the prevailing trend
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03-05-2008, 11:07 AM
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#4
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Thinks s/he gets paid by the post
Join Date: Nov 2007
Posts: 1,052
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03-05-2008, 11:10 AM
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#5
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Thinks s/he gets paid by the post
Join Date: Nov 2007
Posts: 1,052
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03-05-2008, 11:12 AM
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#6
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Thinks s/he gets paid by the post
Join Date: Jun 2005
Posts: 1,543
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what's that other expenses line that is killing earnings growth?
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03-05-2008, 11:14 AM
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#7
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Thinks s/he gets paid by the post
Join Date: Jun 2005
Posts: 1,543
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thx
going to keep an eye on it
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03-06-2008, 09:52 AM
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#8
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Thinks s/he gets paid by the post
Join Date: Nov 2007
Posts: 1,052
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The market tanking as MELI is up over $3. Yikes!
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04-04-2008, 09:20 AM
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#9
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Thinks s/he gets paid by the post
Join Date: Nov 2007
Posts: 1,052
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MELI has broken the next resistance line. I think this stock really has room to run. Although I would have a stop loss of $32.50 just in case. JMO.
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04-16-2008, 09:01 AM
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#10
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Thinks s/he gets paid by the post
Join Date: Nov 2007
Posts: 1,052
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Today life is good!! Drinks on me! MELI up to $48!
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04-21-2008, 01:02 PM
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#11
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Thinks s/he gets paid by the post
Join Date: Nov 2007
Posts: 1,052
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Hit over $53 today. I really like this chart! JMO though.
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04-30-2008, 09:26 AM
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#12
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Thinks s/he gets paid by the post
Join Date: Nov 2007
Posts: 1,052
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I'm going to take my profit here on MELI. I think it may well pull back here and give another buy opportunity. If by chance, anyone listened to me, just thought I should let you know. Currently $50.40. JMO
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05-06-2008, 08:21 AM
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#13
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Thinks s/he gets paid by the post
Join Date: Nov 2007
Posts: 1,052
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Ooooops. Should have sat tight. Hit $57.25 yesterday. Now, I don't know when to buy back in?!!
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05-22-2008, 10:10 AM
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#14
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Thinks s/he gets paid by the post
Join Date: Nov 2007
Posts: 1,052
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It's definitely pulling back. Will revisit it around $34.
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06-23-2008, 01:59 PM
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#15
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Thinks s/he gets paid by the post
Join Date: Nov 2007
Posts: 1,052
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Getting close.
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07-02-2008, 11:23 AM
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#16
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Thinks s/he gets paid by the post
Join Date: Nov 2007
Posts: 1,052
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I'm buying a little bit of this back now. Currently $33.71. I'm buying slowly with a stop loss at $30. JMO
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07-02-2008, 02:56 PM
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#17
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Oct 2006
Posts: 7,733
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Nice trade with this selling out at 50, if you buy at 30 when would you sell again?
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07-03-2008, 08:21 AM
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#18
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Thinks s/he gets paid by the post
Join Date: Nov 2007
Posts: 1,052
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I'm not suggesting buying at $30. At $30 it breaks resistance. In fact, even though I bought a little. I'd probably suggest just watching it if I weren't in yet.
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07-07-2008, 02:12 PM
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#19
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Thinks s/he gets paid by the post
Join Date: Nov 2007
Posts: 1,052
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Obviously, I was stopped out of MELI today.
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