to view your mail
U.S. Markets closed
MercadoLibre, Inc. (MELI)
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
Add to watchlist
At close: 4:00PM EDT
917 reactions on $MELI conversation
Sign in to post a message.
Earnings next month and i think the stock will start to consolidate from this price onwards there is a very strong support at around 1010, will add more share tomorrow. What do you think the price target after earnings will be? I think it will at least touch back its all time high!!
22% off high....bit of a correction. Not adding yet but certainly not selling.
Would love to see this pull back to the 800s to add to my long term position.
what is going on with this stock?
Meli~ 💎 The market leader in South America. This is for long.🧘🏻♀️
On FRI I knew the markets were bumpy and by chance happened to login to my brokerage account when NAS was down 5%. I couldnt resist and added some MELI at 1005 via a quick market order. Pretty crazy to see that those new shares hit 10% gain intraday before giving some back. I also add some NVDA at the same time just off day lows. It may go lower especially if the broader market tanks, but happy to add more at this point for the long haul.
Don't dispair! This is the same pattern Amazon had. Their SP went up very fast in anticipation of Q1 results. Then it was a sell the news event after fantastic ER. Then within a week, steady rise continued from $2200 to over $3000 for Q2. Same thing will likely happen with MELI. This will have a short term sell and then climb back up steadily to very new highs. IMO.
Newcomer to MELI. I followed this stock and predicted it would have a big move at 500 but its volatility made me reluctant to invest as it had a series of ugly downward moves. Now I'm fully convinced the bad days are behind it and I finally dipped my toe in the water. Looking forward to making Amazon-like returns on this one.
Good entry point?
The reason $SHOP, $AMZN, $CMG, $MELI and $GOOG are all up big today is because of the Motley Fool article this morning - 5 Stocks That Should Split in September. Interesting that Cramer had a list of these and five more that he said should split their stock a few weeks ago and no one really paid much attention. Now that $TSLA and $AAPL have split, the momentum crowd is looking for the next stock that could do the same and add 20% to their market cap. Even if they don't end up splitting, the mere idea that they might is enough fuel for big gains. Why not jump on board for the ride?
What a great stock. This could be bigger than Amazon within a year or so.
Target Raised by Barclays Capital Overweight USD 1210 » USD 1340
Upgrades Susquehanna Bancshares Positive USD 630 » USD 1300
Target Raised by Credit Suisse Outperform USD 1255 » USD 1484
Target Raised by BTIG Research Buy USD 980 » USD 1260
$MELI NEWS: Net Revenues of $878.4 million , up 123.4% year-over-year on an FX neutral basis
JUMIA TO FOLLOW
JUST DON'T SELL THIS STOCK. IF it regresses some just smile and walk away from your SELL BUTTON. Same with Alibaba. Same with Tencent. I told you I sold Amazon way too early and lost out on its rise except through tech funds I own. I will not do it this time as these other plays are the same. We are entering a risky market seasonality period so market risk is on the RISE so expect volatility and perhaps some regression especially in tech. Stay long GOLD and SILVER - that has been a solid ballast for me and has been the best performing asset class bar none. They too are in a consolidation phase but not to worry and don't sell those either as they will run. Even my micro goldrich mining at pennies (and risk) is rising along with the entire sector. But their are solid plays with good balance sheets and outstanding gains ahead - even the ETF's like gdx and gdxj. Good luck kids. Boolean
Change in release date of earning to pre market 8/10 - 9am.
I wonder why they went from 8/6 to 8/10?
Roller coaster action.
Target is still 1499 on this. Lot of growth. Adding ore calls.
did I see buyback news somewhere?
If I were in your shoes, I would be calling and emailing investor relations and asking them for a stock split. Amazon split years ago so why hasn't this split? If enough people request this, they will split the stock. Good luck to you all!
MercadoLibre is really two businesses: e-commerce and digital payments. Both stand to benefit if consumers are forced to stay home and perform more shopping transactions online. Latin America is also a region where the economy hasn't undergone much digital transformation to date, so there's lots of room for change and long-term growth.
This international stock is expected to report earnings on July 30. At that time, MercadoLibre's management will be able to give shareholders much better insight into shifting consumer trends.
BIG RUN after earnings tomorrow
Netflix cancellations surge 'materially' in the wake of 'Cuties' controversy, data shows
President Trump & the CDC disagree on coronavirus vaccine rollout
Yahoo Finance Video
An Iceberg Might NOT Have Sunk the Titanic After All, a New Study Finds
Advertise With Us
© 2020 Verizon Media. All rights reserved.
About Our Ads
Discover new investment ideas by accessing unbiased, in-depth investment research