bill stenner

MercadoLibre: The Next Baidu?

its great you know a lot about mercadolibre.. im sure jim cramer does too. Ive been looking through their listings since 2005. Never tried to buy anything but they have very interesting things pop up. Lets get something straight. We are talking about south america/central america mexico etc. your exhuberance for something in south america makes about as much sense as centros subprime foray into the states. canadian banks learned long ago about the pecularities of losing money betting on south america.
sure it appears more stable today..but why would you want to place your bet on something dangerous. ebay also owns something like 20% of craigslist and if you think that they are going to make money off of that anytime soon than you will be the fool parted with their money. until many of those countries make the drastic changes they need to to join the first world anything and everything is a gamble. Consider too that venezuala is one of the countries in mercadolibres group of countries..now theres a good bet if your an american!!! So lets just say if you really knew what you were talking about you would know that there are some cool old american items on mercadolibre like Enterprise Coffee Mills or antique German Spectroscopes that you can only find a reference to in the Smithsonian. I would recommend the author take up butterfly collecting with Mr. Kramer except they would both be locked up in the loony bin. How many of you know of the trade in the early 20th century between south america and the united states. you would be suprised what you might find on mercadolibre. I dont even know spanish..but it can be interesting! sooo many old vintage autos down there too.. yup .. i dont think you guys know what your talking about.