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7/1/08

MELI: Close but no cigar

The target for doubling down on Mercado Libre (MELI) was U$32.50, and I thought I was going to snag some there today. But it reversed at U$32.55 and is over U$35 again as I write. Missed by five measly cents!
Never mind, as it's only a trade. I'm awarding myself 8/10 anyway for getting darned close and calling the stock movement as close as dammit is to swearing. My original buy is now in +ve territory, so there's the consolation prize.