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1 pt

MercadoLibre’s Price Target

 Jul 11, 2008 08:05 AM UTC
Return Risk
-42.15% HIGH
Tracked Blogger
Symbol Sentiment Start Return Closed
EBAY n/a
AMZN n/a
MELI Positive 07/11/08 -42.59% --

Graphic_arrow1 Via Long Investment Ideas from Seeking Alpha:  

I haven’t written about MercadoLibre in a while. On Wednesday, Eric Savitz, over at Barrons, reported that its CEO Marcos Galperin terminated an over 1.7 million shares stock sale plan, which sent the stock up $4.44, or 16.6 percent, to $31.23.

MercadoLibre (NASD: MELI), the combination of eBay (EBAY) and Amazon (AMZN) of Latin America, announced its Q1 earnings a couple of months ago. With revenues of $28.8 million, the company recorded 75% growth over the previous year and 7% growth sequentially despite the seasonal impact of Easter in the quarter. The Street was expecting revenues of $26.7 million.




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ROCK-STAR INVESTORS
Rank Name Sharpe Ratio Avg Return Followers
1 17.80 +39.28% 78
2 15.63 +15.75% 10
3 14.33 +16.71% 41
4 14.22 +22.85% 16
5 13.47 +29.97% 183


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