2Semana·

Time to buy

$MELI (+2,56%) is down ~10% this week because Amazon announced that it wants to expand in South America or something like that.


Anyways, I believe in MercadoLibre and took this opportunity to purchase some stock at a discount.

06.10
Mercadolibre logo
Comprado x0,352 em € 1.846,20
€ 650,00
9
4 Comentários

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Oh so thats the reason, why its falling.
Well, South america is Hard for logistic and I also believe that MercadoLibre will hold his Moat
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Also bought a first tranche. Amazon is trying for years, buy there's also growing competition from $SE . I see MELI grinding higher in the upcoming years
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Haven't they tried that before?
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