Sunday IPO on Wallstrip…Mercado Libre (MELI)
- Posted by Howard
- on September 2nd, 2007
Mercado Libre on Wallstrip IPO Sunday today . Ebay owns 19 percent of the Latin American internet auction leader.
The stock has been as high as $33 and I would use that as a pivot and/or wait my standard 6 months and see how it trades. Just buying Ebay may be the easiest way as well – problem being for me that it is not Wallstrip worthy
As we point out in the show, internet access seems to be the key factor holding back faster growth as well as cultural hangups. Here is the Google Finance start page .
Here are a couple more articles of interest plus a commercial .
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Born in Toronto, lived in Phoenix for 20 years and now in Coronado, CA with a loyal wife (15 years, 14.2 Canadian years), two awesome kids and a dachshund. My current start-up is called Stocktwits and I am a co-founder and CEO. More »
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