It almost matched the Dow and Nasdaq performance for the day % wise. Can't ask for much more in a day like today. The market is moving in sectors now. The Banks had the day today(Which I own 200k Of :) Specs stock like this will have their day but it will take a few weeks. MELI will need to double the earnings again and that will catch the eye. Keep a small % here and look at other oppurtunities as well. Look at UNG, AA , XHB and even USB. They all have so much room to the upside just to get them back to January of this year. This should be fun.
Let me get this straight.....You are actually celebrating 19 cents??? That's no longer there??? Then you put "LOL LOL LOL"??? The joke is on you!!! $17.30 as I write this. Now you are DOWN FIFTY NINE CENTS. LOL LOL LOL LOL LOL LOL LOL LOL LOL LOL LOL LOL
Obviously some "people" here need help with mathematics. The S&P500 hit its low on March 6th at 666.79 and is now up +22.96% at the moment from that low. MELI hit a low of $13.95 and is now up +24.01% since then. Hmmmmm, looks like slight out-performance. Not bad for a non-financial stock! Oh, and when the market went up 497 points yesterday, MELI was up over 6%....hardly "flat". Again, not bad for a non-financial stock. Just thought I would clarify the babblings of someone who is LOSING MONEY here. (Jaime gerberbaby)