Watch for big run here soon...this is the last shake before short covering starts! Piper Jaffray gets it right more times then anyone! GS and the rest of these guys get paid for what they say(post)...almost make me want to start a pos.....lol
World Cup and Christmas Holiday buying is going to blow the Earnings for the 4th qtr out of the park..! A1 GLTA holders of this stock!
although reuters reported today that the world cup and a late carnival is likely to crimp brazilian growth, by lowering productivity as people are off partying and watching soccer instead of working. If so, disposable income likely will go down possibly leading to reduced consumer spending at places like MELI
I'm still concerned PAGO only grew 34% last Q, by far its lowest quarterly growth rate to date
if meli growth continues to fall, its P/E will likely contract
Yelyacs..good to see one of the original guys is still around this board! If you read the Transcript of the last Credit Suisse 2013 Technology Conference ....it explains the story all together.. They had a160 basis point of margin compression So additional R&D spend as a percentage of marketing into Q3....this effected all the numbers...as far as FX issues, it not new "NEWS" about doing Business over there and reporting it here...bottom line is that the whole Economic picture of LA is #$%$ and has been #$%$ and they are still impressing me with the numbers across the board!!! This means one thing...that it will continue to get better from here on out,because it is really bad now...lol
This Region of the world is growing like the United states was in the 70's. I am excited to watch what happens over the next couple years!
Now as far as the couple events that will be held in Brazil.....this might slow growth a bit..this is understood..but think of the revenues that will enter Brazil because of the World Cup and in a couple years the Olympics...?
Hey, we all know that the stock of a Company is not an accurate duplication of what a Company is....right?
Wall Street was right on with this broad sell off of the stock because of the "understandable " miss....that is why "insiders" sold prior to the Earnings Report! But I believe that all is on track and this thing is way oversold at this point and is a Gods blessing to anyone that is smart enough to start a position now!
I am still a firm believer of someone sliding in here and buying this Company up! Happy Holidays to all and GLTA...A1