I really don’t mean to make more “friends” in finance, but I just can’t help myself.
This past weekend, I was minding my own business, aimlessly typing in tickers of stocks I haven’t looked at in a while and I came upon an August 14, 2008 article “MercaoLibre Ain’t Worth The Trouble” by Anders Bylund (see article HERE) which included stuff like:

If you really want to own a piece of MercadoLibre, I’d suggest waiting a while until the company grows into its valuation a bit.

Never a fan of financial wannabe ANALysts, especially those who write for Fool.com, considering one of their guys’ who loved my book An American Hedge Fund and wrote a solid review on it, was rejected from publishing that review because it carried a positive bent on penny stocks—something that goes against Fool.com’s assumptions (proving what fools these guys’ really are), I began doing a little research, thinking I might catch good ole wannabe ANALyst Anders with his/her (is that a guy’s or a girl’s name—guess it doesn’t matter cuz all ANALysts can’t even be considered humans, otherwise they’d feel too guilty about all their f%^cked up calls and leave “the profession”) ANALyst foot in his/her mouth.

Guess what?

Right again—as usually happens when you assume a wannabe ANALyst guilty before innocent. Kinda like repeat murderers and rapists :)

Turns out just 5 months earlier, Anders was lovin’ little MELI in this March 3, 2008 article titled “Catch MercadoLibre Early” (see article HERE) which included juicy tidbits like:

The operating margin trend is the real story here. The company is accelerating the share of operating profits quarter by quarter, while doing the same in sales growth.

Patience is a virtue, Fool.

Don’t get me wrong, I have no problem switching views on a company—I do it all the time…but I do it based on charts, which after all tracks stock price action, which is all that matters to investors/traders.

Not when evaluating a company’s fundamentals and presenting the facts in different lights and not when you say “patience is a virtue” that sucked in longterm buyers and when you change your mind about the company’s story—even though the “operating margin trend” which you loved so much at first is still the f%^cken same (aka it never mattered in the first place you dumbass!), anybody who listened to you in the first place is now down 30%. (Oh, the stock market is soooo random, LOL)

That’s called being a fair-weather ANALyst and those who display such immaturity/irresponsibility/incompetence should not just be fired, but held accountable for the investor losses their lack of talent/insight has caused.

Anders Bylund, you and your kind provide the punchline to this joke of an industry. You should be ashamed of what your life has amounted to.