dchua1969

This is how I average down

dchua1969 Updated   
NASDAQ:MELI   MercadoLibre, Inc.
Assuming your capital base is 10x and this is how I would buy this company in stages.

You would see that at 1st buying opportunity, I am just taking a small position. One can never be too sure that it would come to the ideal price you want. I wish I can predict the market each and every time but I don't and I can't.

So long as the company growth remains robust and the financials are great (do your own due diligence) , then the short term price mismatch is an advantage to some and panic to some.

Comment:
3 years ago, I wrote about this company and my strategy. I am now in the green for all my LONG entries
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