Warning Bells at MercadoLibre

If MercadoLibre (MELI) doesn't ring a bell, that's because you don't live in Latin America, where it's known as the eBay (EBAY) and Amazon (AMZN) of such countries as Venezuela, Argentina and Brazil.

Either that, or you haven't been keeping up with the market's highest of highfliers. The 50%-plus rise in MercadoLibre's shares so far this year -- with a 300% gain since the stock's 2007 U.S. initial public offering -- has earned this name a coveted spot on the momentum-stock hit parade, also known as the IBD 50. Adding to the investor enthusiasm: eBay is its largest investor....1039 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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