thetraderP

MELI

Long
thetraderP Updated   
NASDAQ:MELI   MercadoLibre, Inc.
i think this is good to buy on the dip here, if the market cooperates i think we'll be back to all time highs next quarter, pretty good institutional and big money interest, originally backed by JP and Goldman, looks like this is going to be the online market for South America
Comment:
cool move here on MELI, going to take out a chunk here and some more moving forward, still think it's fine to hold but may be pretty overvalued heading into earnings
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