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URL:  http://boards.fool.com/on-the-fools-recommendation-i-purchased-meli-at-30208395.aspx

Subject:  Re: What happened to Meli Date:  8/16/2012  2:44 PM
Author:  kahunacfa Number:  7818 of 8074

On the Fools recommendation, I purchased Meli at 92+ and subsequently at 78+.
I recently read a non-fool article, (Barrons), saying that Amazon has been hiring people in Sao Paulo, Brazil with the expected intention of starting up in South America to take on Meli.
Why is there no comment from the FOOL?
Tanks
Bernie S
- Bsackaroff | Date: 6/12/2012 12:36:36 PM | Number: 7817

I have been an Investor since January 1969 in Honolulu. Since July 1974 I have been an Investment Professional -- The BUY side 1974-1985, the Sell-side, technology Analyst 1985 - 1992, then back to the Buy-side as a Venture Capital Portfolio Manager <Audited, annualized compound rate of return = 58.4% 1992-1995 inclusive.

I have been a Member of TMF as KahunaCFA since August 1995. From first joining TMF I have NEVER, ever purchased a company's stock based on TMF's recommendation. Sometimes after a MF Recommendation, TMF goes into "Sleep or maybe even Denial Mode, or most often, TMF does not on a timely basis make a recommendation change, their endless "Touting" of Select comfort(SCSS) comes directly and specifically to mind while Select Comfort was being Killed in the marketplace by another, better foam based adjustable matress company.

Kahuna, CFA
Investment Professional
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