Geddit?Word reaches slow-off-the-mark Otto that Mercado Libre (MELI) has had an enormous glitch in its operational software for the last three days and the whole site is down. MELI has some kind of "we're doing maintenance work" BS notice up but according to unofficial mails sent out from inside the company the shitstorm is due to head office making a mess of incorporating clients from the recently bought deremate dot com.
From here MELI has two choices:
1) Get the problem sorted out quickly. Three days is far too long already.
2) Pay severe consequences.
As I said just yesterday, the stock is cheap right now but it's not the perfect company. Case in point. Thanks to reader FC for waking me up to this one. I should have known about this earlier, really.......
From here MELI has two choices:
1) Get the problem sorted out quickly. Three days is far too long already.
2) Pay severe consequences.
As I said just yesterday, the stock is cheap right now but it's not the perfect company. Case in point. Thanks to reader FC for waking me up to this one. I should have known about this earlier, really.......