My worse move ever: bought 100 Mercadolibre (MELI) shares. They fell 10% in 3 hours! November 13, 2008
Posted by deminvest in growth stock, Internet stocks, investment, MELI, Mercadolibre, nasdaq, Nasdaq stock, Single stocks, stock I own, stocks.Tags: Auctions, online, South America
6 comments
Will MELI be the Ebay of Latin America?
I am amazed by my incredibly wrong timing:
At 10:41:40 am Eastern time, I bought 100 MELI shares at $ 10.42 each.
At 01.00 pm my 100 MELI are worth $ 9.38 each. Down more than 10% in less than three hours.
