A bit of a quandry. isnt it? I am thinking about climbing mountains with beach.
Fri. 2/23 MELI MercadoLibre reports Q4 EPS ($1.53), may not compare to consensus 51c Reports Q4 revenue $437.0M, consensus $404.73M
Mon. 2/26 MELI dropped to 356.09. W/o further news, it reversed & went up to 390.55 + 34.46 that same day like there was no ER Fri..
Today MercadoLibre upgraded to Overweight from Neutral at JPMorgan and still 290.00. Price is above 2/23 ER record loses w/ AMZN moving into area.
They just load their trades and move numbers in direction they need regardless 90 % sell orders as if they didn't exist. But co conspiring on line brokers who they are paying about 25% for your trades decide money direction in your acct, on their numbers, not buy/sell numbers. imo
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.