RAZFandEverythingElse

Web Search:


			Free Forum Hosting

Important Announcement The MSN Groups service will close in February 2009. You can move your group to Multiply, MSN’s partner for online groups. Learn More
RAZFandEverythingElse	[email protected]

What's New

Messages

Code of Conduct

Pictures

Rules of Chat

Links

Search This Site

Poster-of-Month

Emotes - Emotes

FrontPage

When Servers are Slow

Tools

General : MELI

Recommend

Message 1 of 276 in Discussion

From:

FrankyB_Is_Back (Original Message)

Sent: 3/18/2008 4:28 PM

As some may know..I'm also VERY Positive on MELI for both trading and Longe Term..Actually MELI is Really theonly other Long term idea I am puting $$ into at this time..All others are trading Ideas.

a review of my thoughts as I posted on another Board to (mostly to wiseOne and Greedy Scoot..A.K.A Grasshopper..LOL..).

.the View remains the Same.

MELI..It is a Steal under $33. a buy at $33-35 ,

resistance is $40..It has hit $40 area several times.. and $35 seeems to be holding a sucessful Test this week.. The Low point Support is $31 (I 1st bought at $31.98)..

At $35... The Play I Use is Buy and Sell the OXAAH (2009Jan$40) at 9.80-$10+)..That gives you Downside Protection to $25 and Upside to $50 ($40+$10).. for longer Term..9 months on call..In this kind of market..it is prudent to use Downside protection..and gives $$$ to buy More from Premium should $30 area be tested

Moving foward..The $40 Resistance when taken out would move MELI to$50 resistance and Eventually MELI could move to a recovery of $60+ a decent recovery from it's 6 month High of $81..This Shouldn't happen Fast but should the recession End (I believe We are already into a recession)..an attack on the 6mo high of $81 isn't impossible

What I am doing is making $$ Trading from $35to $37,$40 area.. rebuying additional Shares on retracement and Adding the new shares to Long term Holdings.

with these shares , there are Leaps Available for $55.$60,$70 strke prices to hege any big market meltdowns form a severve Recession.

First

Previous 262-276 of 276 Next Last

Recommend

Message 262 of 276 in Discussion

From:

FrankyB_Is_Back

Sent: 8/18/2008 10:57 PM

I like the Way you Think Mr Greedy..LOL...

Covered the QMBIH (Sept $40) at $.50..Wrote some QMBAH 's..Will wirte the rest on a Rally..Building Cash to put into my latest Rec.issues.

Recommend

Message 263 of 276 in Discussion

From:

FrankyB_Is_Back

Sent: 8/19/2008 8:19 PM

Boys and Girls..Nothing has Changed..MELI is holding above $30, as the GENERAL MARKET is In MELTDOWM..

Again ,this Market has turned ugly, I really see no end in Site until after elections at eariest.. At Best DOW 10,800 Will hold and Trade bewteen 10,800-11.800

We are in a "Bloody" Bloodbath as they(Englishmen woud say

Relax.Like me..have a few Drinks

and Have a FEW more Drinks in the Jacuzzi..

YOU will See CLEAR..

........

You Will CLEARLY See..

YOU GOT TO OWN MELI

..PLEASE Stop..You're KILLING ME..CARRY On Boys and Girls

Recommend

Message 264 of 276 in Discussion

From: GreedyScott

Sent: 8/27/2008 4:53 AM

http://news.moneycentral.msn.com/ticker/article.aspx?Feed=PZ&Date=20080826&ID=9066811&Symbol=MELI

MercadoLibre, Inc. Announces Agreement to Acquire Operations of DeRemate, an online trading platform, in Argentina, Chile, Colombia, and Mexico...

... as long as they don't say Venezuela, I guess it's ok... lol...

no worries... just doing a little homework and adding a chart...

...

Recommend

Message 265 of 276 in Discussion

From:

FrankyB_Is_Back

Sent: 8/27/2008 2:07 PM

yea any place but "Chavez " is OK.. Thr problem is The Market.. There is no direction, econ,housing,inflation etc..etc.. .. every..every few isuues if any can move up in the enviroment we have at this Time.

That also shows the "upside" of hedging.

My view as your chart shows MELI is at the support and is Now in buying area.

Recommend

Message 266 of 276 in Discussion

From:

FrankyB_Is_Back

Sent: 8/28/2008 3:39 PM

Boys and Girls..

We are Now seeing the Cementing of $30 support for MELI..

You have a Great Oppprtuntiy to BUY MELI before the Big Move..

Nothing has Changed..

YOU GOT TO OWN MELI>>

Recommend

Message 267 of 276 in Discussion

From: GreedyScott

Sent: 8/28/2008 5:31 PM

MELI

$31.04

$1.05

3.50%

This needs to get up to the $35-36 area fast, so I can write the QMBLI's and get a $4 premium... it's losing time value, and I'm not profitting from it...

... lol...

-QMBLI MELI DEC 2008 45.0000 CALL

Last [Tick]	1.10

Recommend

Message 268 of 276 in Discussion

From:

FrankyB_Is_Back

Sent: 8/28/2008 6:50 PM

NOT Too Fast above $35.

becaause I have some QMBIG and QMBJG's out (I'm getting GREEDY..lol wanting a Zippo(for HomeGamers that is expiration)..

As you know I also Wrote the QMBAH and believe that the Market could strengthen after Election and if that develops indeed MELI will take OUT $35 and run to test $40 area, but the time Value will make writing the Dec or Jan $40's a Good Trade even if you have to ROLL Out. MELI could Strongly take out $35 by Dec/Jan as Election Ends and the Xmas Rally Hits.So I'm on the $40's Options..

Recommend

Message 269 of 276 in Discussion

From:

FrankyB_Is_Back

Sent: 9/3/2008 7:20 PM

Boys and Girls...MELI is exactlly at the supprt Level in the $28-$29 area that Greedy's Chart in post #264 CLEARLY shows.Even with the GENERAL MARKET In MELTDOWN,breaking under $28 a retest of the LT $26 (07/08/08) is Credical This support MUST HOLD or $20-$23 is possible..

Hopefully EVERYONE had Fully Hedged when MELI Broke down at $40.

this Market has turned ugly, I really see no end in Site until after elections at eariest.. At Best DOW 10,800 Will hold and Trade bewteen 10,800-11.800

Being HEDGE , YOU should DO nothing..But

Relax.Like me..have a few Drinks

and Have a FEW more Drinks in the Jacuzzi..

YOU will See CLEAR..

........

You Will CLEARLY See..if You liked MELI When J CRAMER said BUY at $56..You got to LOVE MELI at $28-$29

YOU GOT TO OWN MELI

..PLEASE Stop..You're KILLING ME..CARRY On Boys and Girls

Recommend

Message 270 of 276 in Discussion

From: Kutz

Sent: 9/3/2008 8:56 PM

I like the part about the drinks! Thanks for the reminder-I need another bottle of Tequila before Hannah comes a calling!

Kutz

Recommend

Message 271 of 276 in Discussion

From:

FrankyB_Is_Back

Sent: 9/3/2008 9:08 PM

Same Here..I Added a few hundred shares of MELI at $28.50 and wrote the QMBCH (mar $40) at $3.30.. so that was a new Cost $25.20..

I also Bought Some MGM at $32.90 and sold the QMBIG for $1.70 for net $31.20

But I loaded up buying tons of HIL at $18.10 ..that is an Issue you need to Own. as atated I know things..secrete things...

Recommend

Message 272 of 276 in Discussion

From:

FrankyB_Is_Back

Sent: 9/5/2008 8:09 PM

Boys and Girls..

IT is CLEAR...on any weakness YOU need to Buy MELI..

There are Great Options available on MELI for both Hedging and lowering your Net Costs..

Today's Action on MELI CLEARLY shows the Way..

MELI $ 29 + 2.50 + 9.43%.

GLORIOUS Indeed

"The Truth is Out There.. but you need to "Reconize The TRUTH.."

Face Reality...Listen to the Truth....

YOU GOT TO OWN MELI it is that Simple..

Reconize The TRUTH..Buy some MELI..it will be a leader when the Market moves up.

You Will Thank Yourself and Thank FrankyB..

..PLEASE Stop..You're KILLING ME

Recommend

Message 273 of 276 in Discussion

From:

FrankyB_Is_Back

Sent: 9/17/2008 1:04 PM

The END of MELI decline is now in View.

J Cramer said Last night "SELL" says MELI is going DOWN

WOW .."he said buy at $45+.. now after a Full -$20 -40%+ he sayus Sell...

That is GREAT news, M ELI could take another HIT as the Remaining Cramerites and Hedge players Bail, but then They will all be gone, leaving MELI in the hands of Holders who Know how a "Growth Story" should be viewed"

Cramer's Mad Money Performance