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.
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3 years ago, I wrote about this company and my strategy. I am now in the green for all my LONG entries
What makes you think the stock will go down. All the fundamentals of the growth potential in earning and the raising growth of the demand of the places this company is posted at suggest a strong outlook for long term growth. The customers love the company and it is an evident thing South America will continue to be attracted to the online shopping industry. And MELI is a dominant competitor in the industry over there. But I could be wrong the last earnings report shocked me what are your thoughts on the stock?
Bubba7yo
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@Bubba7yo for a longish term prospective of around a year to more
blakeskolnick29
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What makes you think it will go this low since over this period of time fundamentals have been having a better outlook.