Skip navigation

Daily Archives: January 1st, 2008

Technical and Fundamental Analysis of MELI

January 1, 2008 – 4:43 pm

Submitted by OptionDragon.
MELI
Here is MELI’s Business Summary.
MELI is the PayPal, Amazon, and Ebay of Latin America. Need I say more? MELI debuted in August with an IPO price of $21, and currently trades at $73.88. With a float of 40 million shares and Cramer now on the bandwagon, demand has been overwhelming supply. As a […]

By optiondragon | Posted in Uncategorized | Comments (0)

Review 1/1/2008: SPX, Nasdaq

January 1, 2008 – 4:37 pm

It’s 2008!! Happy New Year!!
Well, on the last day of 2007 (Monday), the market was very volatile, especially in the last hour. The Dow was down 101.05 points; SPX slid 10.13 points; Nasdaq gave up 22.18 points. The US market ended lower, but, did manage to record gains for the whole year. […]

By HappyTrading | Posted in Uncategorized | Comments (0)