Wednesday, March 05, 2008 10:31:55 PM
MELI News and Chart
Over a 50% loss since first of year and they put out financials like this. Look for a big spike. Only thing I don't like, they are a newer company and don't have much chart history to fall back on. Regardless it should do well IMO
Closed the day at 37.12, after hours high was 40.33
4:14PM MercadoLibre reports 188.5% increase in 4Q07 net income from a year ago to $9.7 mln; revs increased 73.9% from year ago to $26.9 mln (MELI) 37.12 +1.25 :
Over a 50% loss since first of year and they put out financials like this. Look for a big spike. Only thing I don't like, they are a newer company and don't have much chart history to fall back on. Regardless it should do well IMO
Closed the day at 37.12, after hours high was 40.33
4:14PM MercadoLibre reports 188.5% increase in 4Q07 net income from a year ago to $9.7 mln; revs increased 73.9% from year ago to $26.9 mln (MELI) 37.12 +1.25 :
A tornado is like a stock, it takes just the right conditions to form a huge one but once it forms, nothing can stop it!
my posts are only my opinions, nothing more
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