Yes I like the fact that MELI does not always follow the market.
Disney acquired Marvel 4Billion and I believe that even though it is a different industry it add support for MELI. This has happened repeatedly in the past 2 decades when companies are being bought. Look at MELI being up on really low volume when most others and nets are down. Companies that have buyout rumors or aquisition canidates are doing well today. It helps ad support. Buyouts in the range of the marvel buyout are good for stocks like MELI no doubt. Eveyone knows this stock will be aquired someday higher than 30 but the consensus seems to be that Ebay is waiting on PAGO to become mainstream in latin america. I too want to ad on weakness in the next 30 days.