Visa: Near-Term Fluctuations Present a Buying Opportunity 472 comments
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Net revenue of $1.45-billion and adjusted earnings per share of $0.52 per share on stronger-than-expected payments volume and global transactions from Visa Inc. (V) marked the company’s first earnings report as a public company.
However, it may not be enough to calm investor fears about the U.S. economy as shares of the world’s largest credit and debit processor were down nearly $3 in pre-market trading on Tuesday.
Nonetheless, RBC Capital Markets analyst Cynthia Houlton remains bullish on Visa, hiking her price target to $84 from $80 after the results. She told clients that while Visa has identified several cost-cutting opportunities, it will also invest in growth.
Visa has more than $5-billion in cash on its balance sheet, $40-million in long-term debt and an annual dividend of $0.42 that Ms. Houlton said could increase over time.
Visa shares have risen more than 70% since the IPO at $44 in March.
Goldman Sachs analyst Elizabeth Grausam, who has a “buy” rating and $90 price target on the stock, said Visa should continue to command a healthy premium and near-term fluctuations should be used as buying opportunities “while the Street settles into a more consistent view on earnings expectations.”
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This article has 472 comments:
NOW- that its safe a few of the seeking alpha posts are starting to tell you what a great co. V is- bottom line- if you are new to investing- Do your own research. Go to the Visa corporate site and take a look at the earnings slideshow and listen to the conference call. Go to sec.gov and find the prospectus for the IPO.
Understand the company- and once you do, you will be convinced this is one of the best buying opps in years.
YES< there are a LOT of shares outstanding.
YES< there are a LOT of pending lawsuits.
BUT- contingency plans are in place to buyback stock, and 3+ billion is set aside for litigation. In the next two/three years- V will overtake Mastercard in global market share AND get rid of most litigation, AND convert a huge block of b and c shares.
Look for a pullback in the next couple of days - (3/4$) that will be your LAST entry point until $100. per share. Go back to all of my posts (type in V on this site and go to other Visa posts)- and you will see that I am the only person that has called 100% of events that have occured thus far- correctly)
www.investorslive.com/.../
I've made more in the past month than I made in the past 2 years investing!
Plus I've been buying stock on the dips all along and I have about $75K invested there... I'm looking to grab some more today, especially if it dips to $77 - My prediction... V closes $83 today, $85 tomorrow, $87 on Friday, and breaks $90 on Monday... then it has some ups and downs, but slowly climbs to $100+ by mid June (just placed an order to buy June $100 call).
Thanks.
How can I not be - V @ 84.20 right now-
I'm makin' $$$$$$$$$$$$$$$$$$$$$$...
I have cleaned up myself- and have no doubts the future will be bright for all of us.......
Hey V winner i like the screensaver of Visa.. I think i will put one on the computer also...haha
IF you can hold the stock with no problem for the next few months- you might try to get in at 82. as there may not be a pullback to 80.
Don't invest more than you will lose sleep over-
Good luck
84.26 after the fed announcement @ 2:19
Unless you trade the market daily you could just put in a limit order at 80. and then follow the market
I bought more shares in pre-trading. I won't brag about what i've done - but lets just say I feel that on the 8th day - god created Visa.
I have traded this stock 500 times (in addition to holding my core position)- and have made money 75% of the time :-)
Also - congrats on IPI coming back a bit today. I sold mine the day after the IPO - but I told my wife to buy it- so I have a stong personal interest in seeing her happy........
If you think we are optimistic - look at the options market- INSANE!
Visa (V) – A 2.4% gain for its shares to $82.79 appears to have jump-started the speculative appetites of call traders in Visa. With nearly 130,000 options trading by noon, more than 4 times as many calls are trading as puts, and these at the out-of-the-money strikes we observed prior to its earnings announcement earlier this week. Two-way traffic is occurring at strikes of 85 and 90, while the 95 call strike attracted plenty of buyers at $1.05. Can Visa hit $100 in May? Traders have bet on that possibility more than 3,700 times today even though the 20-cent price of that position reflects just a 6% probability of it actually coming true
if we look at the power behind this company, it really shouldn't have a problem surpassing $100 within a month or two. then with summer vacations and traveling, there should be an uptick with card usage. and then we have the big daddy of them all... christmas shopping!!
with all of there expanding world wide, etc. aw heck! with visa, its to easy of a money maker!!!
good luck to all!
I have been strong on Visa since its inception and was able to purchase pre-IPO @ $44.00. From the get-go I didn't pay any attention to all the negative reveiws. I just kept buying.
My question to you is, do you still think as you stated earlier, that it will pull back $3 TO $4 BUCKS in the next few days?
I am a firm believer in owning real estate- especially if its primary (a home)- Stocks are risky in general- and V has a few more risks than more conservative stocks (pending lawsuits/a HUGE run-up already/potential regulatory changes). I think the stock has another 17$ in it- within the next quarter- BUT- if its the diff between buying a home and buying V- buy the home.
I think a lot of money is coming out of ags/metals/global markets/cash/oil- etc. - this changed the dynamics- but I would just look for an entry point that you feel comf. with-
If you can't follow the market all day- you could just put in a limit order - and hope your number comes up.
I love this company but the momentum will slow a bit- after the fed report a lot of money went the other way and back into comm/oil- so this should actually slow down the influx of new money.
I moved into Brazil this morning as the Bovespa is the second best major market this year (after the US)- and I HIT BIG. I don't like to throw out tips but some very big things happened today in the Brazil market:
SandP upgraded Brazil's credit rating to 'investment grade'-
which will pave the way for a huge influx of institutional money.
The Bovespa was up 6% today (their stock market- the biggest one in Latin America).
Here's a link to Brazilian ADRS (brazilian stocks traded in the US)- take a look at what they did today- IT WAS HUGE:
www.stocksabroad.com/m...
There are a lot of ways to play this market - one of the simplest is
EWZ (a fund of the biggest players in Brazil)
Just a piece of info- I went big this morning (prior to the announcement)- but I think Brazil has a STRONG run it it.......
My wife is Brazilian and I have spent a lot of time down there (and in surrounding countries)- and I can tell you first-hand that Brazil is about to break out-
I'm still a V fanatic- but things will slow down.
Final word- There is a $17. run until 100. If you can buy this stock - and not worry what it does day-to-day- expect 100 within 2 quarters (and with a rebound in the market (and we almost broke the 13k barrier today)- within 1 quarter........
But, I really don't think it will go down any longer i think tomorrow will be $85 - $86.00
I own V.
Re: down payment...I don't post but I had 2 break my habit 2 THANK YOU 4 yr honest & sincere response 2 Newbie. God bless u & good luck (although with V u don't need luck u r lucky by owning it :) ).
Re: Potential Regulatory Changes...with all due respect I think most of these regulatory changes will be aimed at the issuers not the processor (V).
, because call options would be the only way to go...or LEAPS? I look forward to your feedback or anyone else's..thanks for your time ...cheers
1. Buy stock I believe in and maintain a core position.
2. Trade stock I believe in- and eat what I kill that day (non-core position closed out by 8pm).
I'm not the guy to talk to about options-
As far as the Mcard guy- they have far less litigation- their bottom line will most likely not be effected by any current (pending)- litigation. As far as V's litigation- they set aside 3billion already-and that should be sufficient- and if its not, they have said they could return to the market for more money. Its also important to put litigation in proper perspective- people went crazy for Walmart when the economy started slowing- and yet most people are not aware of the fact that Walmart is currently involved in 5,000 lawsuits! Lawsuits are a fact of life - especially when you are a target for parasites (I mean lawyers)- Altria, Microsoft, you name it.. V will get past all of them.
for 10 days i have i have made so much that i could not belived, i expect hit my gold by expire date but V have move faster than i thought.
just want to share , good luck
V Vinner great
where to find??
ROI from IPO ... 89.7% in less than 2 months!
Anyways, I have the big moeny clearing for tomorrows trade. not sure how to divy the $10K. But I am confident that all at once would be a mistake. This stock is hot and it is a no brainer, but everythig has to slow and cool off. Right?
I have positions in a wide area, GM, INTC, F, AMR, BSC (another no brainer if you ask me) and SPAB. I love SPAB because it jumps between 50 cents and $8 almost annually. It is my HIGH Risk pick. I put a $100 in it for fun. I am interested in adding KMB, JNJ and maybe IP. I am looking for rock solid companies with killer dividends for the long haul.
have any fav. you would like to let onto ?
I am going to try to snag $2500 in V today at $85-$86... I just can't see this not going to $125 by the end of May.
Best of luck to all.
Nice......
That (ill)logic escapes me here and every time I hear or read that rcmndtn. Can anyone explain? I can see it when the pullback is far more likely to happen first.
V Winner, have a question for you what do you think is the right time to buy and what day, tentatively? Thanks
V stock dropped today for two bad reasons:
1. Congress approved a bill yesterday aimed at credit card ISSUERS - it will limit the amount of interest they can charge a person whose credit declines- people are mistaking V for an issuer- it is not. The new ruling will effect Discover, Amex, and Capital One- BUT NOT VISA.
2. People are reacting to guidance for the rest of this year- GUIDANCE WHICH IS THE SAME AS WAS ANNOUNCED ALREADY...what was said today was no different than what was said at the quarterly conference call.
You guys have been waiting for a pullback- this is it.....
I just bought 2000 more shares........
This pull back does not have me worried because I am long but I sure can pick the tops.;-( Glad to read V Winners comments on the new CC ruling affecting Discover, Amex and Capital One but not Visa. I am looking for Visa to reach 100 by mid summer and 125 by football season and 150 by Christmas time. MA sure has had a nice ride. Visa will too. MA was a bumpy road at first as well.
On May 02 11:11 AM looking wrote:
> I'm so mad at myself. I bought 800 shares yesterday @ $86.53, and
> the stock has been dropping ever since.
V Winner - How do you buy/sell the Visa Stock? Do you act like its in currency? where you see up 3% Sell X Shares and then when its down 4% you buy X Shares?
How is it working for you?
I'm from israel and it takes some time I understand until I get the purchase if I'm asking either to buy/sell.
Do you have someway to do it LIVE on the SPOT?
Thanks for your Comments!
Go Visa!
Good Luck V Winner, Love your comments / feedbacks! Please try to answer my questions :)
good luck to all!
How many shares of V you got? Are you also buy/sell on daily basis?
Got into Google at a key reversal and lost half my money..but it was a good trading lesson for not letting emotions move your trades, stick to your research of the companies you invest in. Recently got rid of everything else and bought Sep 75 calls @ 6.60...doubled my money so far, even with the pull back today. Intend to sit on them and not worry about the pull backs..would like to get some input on the strategy contrast of holding versus selling at the highs and re-buying the lows, considering the cost of the trade, spread points that go to the market makers, and the anxiety of attempting to catch the tops and bottoms.
Thank you V winner for the clarity and sharing of knowledge :-)
I LOVE Seeking Alpha!
I'd be also interested in your questions regards the sell high / re-buy low....
Thanks :-)
I don't trade on a daily basis... I don't trade at all. I buy for the long term and only sell when it's a sure dog. Most of my money is in mutual funds, but between V and XOM (got in @ 67) and a few others, the few stocks I do own are doing just fine.
Advice to all out there... Diversify. As tempting as it is to put all your eggs in one really pretty basket, it's a bad idea long-term.
Those of you that bought at 86 or higher.. don't worry. It will be back there and beyond in a relative blink of an eye.
For those of you with triple digit IQs- now is a great time to buy - stock is under 83. after hours.
Today was good- the stock has been as high as 87. in the past couple of days buying on dips is essential.
I laugh when people on a stock board insult greed. I invest because of greed- "Greed is GOOD"- the people knocking this company are:
Too stupid to understand it.
or
Too broke to buy it.
or
Jelous that they don't own it.
Don't you have a little old lady to evict........
Does anyone else find it comical that someone that makes a living on other people's misfortune is complaining about greed........
Thanks for any kind of tips/ feedbacks!
In a Form 4 filed with the SEC, Cathy Minehan reported she bought the shares for $83.38 to $83.49 apiece on Wednesday".
Anyone who purchased over $80 don't worry! Monday should go back to it's upward cycle. I look for close to $100.00 p/s more or less by next month. I'm finished at 1000 shares. Now it's a 2 year hold for me which should birng V to $250 p/s +-.
If in doubt, just go back and look at MA as the prime example. Visa does 3 times the transaction volume than MA, and forget about all the law suits they will all be worked out. And most of all don't listen to the bad news bears, this is a 100% winner!
Good luck to you all,
But who needs luck when U have VISA! - It's all they said it would be and more.
i love to sell put if i belived the stock will go up, i belive in V, i sold May 17 strike price 70 and 72.5 about 45000 shares, for $5.40 each share while the stock at $68 per share
i pocket about $24000.00 and sold the right to put me at 70 and 72.5 by the expired May 17
the stock move faster than i expect so only by Apr 30, i have pocket about $22000 already, only on $30000 investment, a 73% return in 2 weeks, not bad, this is a great play
with 20000 profit when ordinary buy low and sell high you must have at least 2000 shares and the stock must move 10 up, then with V you need an investment of at least $68000 on margin, with the win of $22000 on $68000 investment that is 32% return, not bad but i like option better, good luck everyone, hope this is good help
I like that name. I like your post and hopefully it will get to $250.00 by 2 years. However one big difference between MA and V shares are the number of outstanding shares. Visa has about 5-6X (if not more) outstanding shares than MA. Although Visa is a bigger company and plans to buy back shares, along with the acquisition of Visa europe in the near future. Until all those parameters are met-- then I see Visa hitting 250+ or surpassing MA. Visa still has a long ride up and I will be enjoying every minute of it.
1. V will be buying back a significant chunk of the C class shares (those held by V Europe)- this will be done in October.
2. Many of the B class shares convert at .79 to 1- (the bank shares)
3. In its conference call the CEO of V expressed interest in buying back additional V shares (above and beyond those already scheduled for conversion/buy back)- further reducing outstanding shares.
Additionally, most of the B shares (pre-ipo owners) are restricted from selling shares for 3 years- which is UNHEARD of in 99% of IPOS-giving the company ample time to resolve litigation and grow into its P/E ratio.
The discover litigation will most likely be over by the end of this year (and will be far less expensive than Amex due to the differential between Disc and Amex market share and revenue)- After that there are several 'merchant' suits- which I'm sure V will try to lump together and knock out like a Pinata.....The only other 'big' issue out there is pending regulation- and it too is being addressed. Furthermore, once V Euro deals with the EU and is brought back into the corporate structure as a full sub- this will be HUGE for V shares....
In other words, there are a lot of reasons to run V up for the next two years. I think V will continue to climb (more gradually) for the next 6 months- revenue will pick up- transaction volume will pick up- and 'issues' will be resolved. China, the Middle East, India, and the rest of the world will start to rebound (as well as the US) into next year- and take V with it. I could see V being a 250$ stock next year.
Last- don't beat yourselves up for buying high or not getting involved YET- even if you have been sitting on the fence there is much room to grow. THE BEST IS YET TO COME- trust me....
There is an old Indian saying that: 'No matter how far down the wrong road a man travels it is never too late to turn around and go the right way' If you are stuck in the fork- join us on the V PATH!
Please bear with my inexperience, but how does
1. a company buying back its stock, thereby reducing the total outstanding shares, (positively) affect the share price?
2. buying back Visa EU shares up the share price?
Lastly I am contemplating taking a loan (since int. rates are the lowest in recent history) to buy V shares. If you were 26 yrs old would you do it?
You stated that in october Visa is planning on buying back the shares. That great news. What about Visa Europe??? When will it merge with V INC.
I like all your post V winner. Investing in the stock market is my secondary job, so its great to have someone like you who keeps up with the market and is informative.... KEEP IT UP
Im just hoping IPI (intrepid potash) will start moving. Its standing still currently, however once earning report comes out i think it will take off like a rocket ship.....
Rumaz,
Buying the stocks back will decrease the total outstanding number of shares, which means that th P/E ratio will be better and the EPS (price per share) will go up. If MA (mastercard) had 800+ million outstanding shares there stock price would possibly be around $25-30 (1/8) of its current price, but they dont they have around 100+ milion outstanding shares. That being said Visa is 3-4X bigger than Mastercard in terms of world market share. Additionally, once Visa Europe joins Visa INC, the total revenue will go up, hence better P/E ratio and EPS. So there are big prospects and the outlook for this company is extremely positive. Once it becomes official that Visa europe will join Visa INC, watch for huge jump in stock value (similar to MA jump several days ago).
thanks for sharing
The EU has been very hard on US companies (especially the giants) in recent years. I know from living in Europe and visiting over twenty Euro countries that their entire way of thinking is very backwards. The EU takes issue against any company that offers a better mousetrap. V did not want to go forward in the midst of battles now occuring with the banking regulators in Europe so they developed a very sophisticated way of keeping V europe out of the corporate structure from a legal standpoint, BUT controlling it through future share exchanges. The major banks in England, France, and Germany have met recently to try to develop a V/MA alternative but soon they will come to their senses and realize they can't slay the giant. Even if they do come up with an alternative V will offer the best product and the market will gravitate toward efficiency anyway. In October V will buy back the Euro shares- and once the regulatory/fee issues are resolved V Euro will officially become a subsidiary. There will be a huge boost to V when V Euro becomes part of the corporate structure. One thing that is important to note is that even if V Euro were a full sub- it would only represent less than 20% of the cos revenue and transaction volume.
As far as dilution- Yes, when shares are bought back it reduces the amount of shares outstanding thereby making the remaining shares more valuable as they become less diluted.
So, two things- expect to see a price movement when the V Euro shares are bought back- When we talk about the V 'b' class shares being converted at .79 to 1 into 'a' shares this is also a positive move as those be shares are considered outstanding at full value (1 share)- but when converted they will be diminished by .21 for every share converted- further reducing outstanding shares. Last, and perhaps most exciting- is that V expressed an interest in buying additional shares back (above and beyond v euro 'c' class shares, and reduced ration conversion banker 'b' shares)- this would further 'un-dilute' shares outstanding making remaining shares even more valuable.
I picked up 400 shares at $65 and another 600 at $85. I was concerned after the pullback and yet UBS just raised their price target to $100.
I wrote on Motley Fool long ago that everyone should buy...again not to pump up the price but just to make a buck. We have suffered for too long.
To answer your questions:
Buying back shares means there are less shares available. This immediately drives the price up. It would be the equivalent of a major institution buying a large amount.
Also if they buy the EU they will see much more of the profits.
If you are taking a loan? I wouldn't advise it particularly not knowing your financial state. Can you pay the loan off? Will it put you in a bind, etc. I know how you feel in that you want to be in on the action. I feel the same way in that I wish I had more money to invest.
Nothing is guaranteed in the stock but with Visa it's about as close as a guarantee as you can get. I sit back and invision telling my grandchildren how smart I was to get in on the IPO.
This stock is in my opinion a winner for short term and long term. Can you imagine what this baby might be in 5 or 10 years from now?
Retirement time, thats where it will be!
Buy, buy, buy
Thanks for your insight. This is the board I have been looking for. I am very bullish on Visa and am glad to find a like minded group.
Two questions:
#1 would you agree this is one of those story stocks? You know the kind where the saying goes...."if you had invested $10,000 in 2008 it would be worth $15,000,000 in 2018."
#2 You made a couple of comments saying the stock has $17 in it. Are you saying sell at $100?
I'm also trying to get people to manage expectations as I hear people taking loans, selling 401ks, and going into debt to buy the stock- NONE of which I would ever recommend.
My prediction 100$ w/in two months- 150/175 by the end of the year- 225/250 by then end of next year- and the sky is the limit when they:
merge w/V-Euro
resolve pending lawsuits
convert b shares
Price-adjusted this could be a $400/$500 stock after those events take place and in about 3 years.............
I would look to buy on pullbacks (like Friday). I called a pullback three days before Friday-and expect just one more pullback of over $2. prior to 100.............
At 100- think things will get shaky as well- but then we should see a sustined period of growth through the balance of the year. V was conservative in its guidance for q3/q4- so if they have better than expected earnings and if the economy and market see a rebound that will add fuel to the fire.
My take continue addind to your position as long as it doesn't put you in a bind..........
Don't forget the Brazil run I called a week ago- if you want to diversify- I like many of the Brazil plays. This is not stuff I'm learning from marketwatch. I have a Brazilian wife, have been all over S America and have been researching Brazilian stocks for three years (AND have postions in over 20 companies there).
This is a great place to be - I would stay away from the commodities cos- and move into homebuilders, cell phone cos, banks, and conumer goods-
To learn more : stocksabroad.com ( then click the link to brazilian adrs - which provides links to all brazilian cos traded in the US)- If you have 100k to work with it makes sense to open a brazilian brokerage account to be able to directly trade Bovespa stocks. Go to bovespa.com.br and click the 'international investors' link if you want to invest directly (if you are a 100k + player)- Otherwise the adr link is sufficient.......
On May 04 10:15 AM V Winner wrote:
> V is buying back V euro shares in October- this is not new news-
> this was part of the initial gameplan as stated in the IPO Prospectus.
>
>
> The EU has been very hard on US companies (especially the giants)
> in recent years. I know from living in Europe and visiting over twenty
> Euro countries that their entire way of thinking is very backwards.
> The EU takes issue against any company that offers a better mousetrap.
> V did not want to go forward in the midst of battles now occuring
> with the banking regulators in Europe so they developed a very sophisticated
> way of keeping V europe out of the corporate structure from a legal
> standpoint, BUT controlling it through future share exchanges. The
> major banks in England, France, and Germany have met recently to
> try to develop a V/MA alternative but soon they will come to their
> senses and realize they can't slay the giant. Even if they do come
> up with an alternative V will offer the best product and the market
> will gravitate toward efficiency anyway. In October V will buy back
> the Euro shares- and once the regulatory/fee issues are resolved
> V Euro will officially become a subsidiary. There will be a huge
> boost to V when V Euro becomes part of the corporate structure. One
> thing that is important to note is that even if V Euro were a full
> sub- it would only represent less than 20% of the cos revenue and
> transaction volume.
>
> As far as dilution- Yes, when shares are bought back it reduces the
> amount of shares outstanding thereby making the remaining shares
> more valuable as they become less diluted.
>
> So, two things- expect to see a price movement when the V Euro shares
> are bought back- When we talk about the V 'b' class shares being
> converted at .79 to 1 into 'a' shares this is also a positive move
> as those be shares are considered outstanding at full value (1 share)-
> but when converted they will be diminished by .21 for every share
> converted- further reducing outstanding shares. Last, and perhaps
> most exciting- is that V expressed an interest in buying additional
> shares back (above and beyond v euro 'c' class shares, and reduced
> ration conversion banker 'b' shares)- this would further 'un-dilute'
> shares outstanding making remaining shares even more valuable. <br/>
>
I only give unofficial advice. Meaning you take the advice as is and if you act on it it's your own choice.
Personally I see two types of people those that are traders and those that are investors. There is nothing fundamentally wrong with either. Some people do both. I see V Winner as doing both. I do both. A trader is someone that looks for a short term gain in a stock, trades it and makes a profit. An investor is someone who finds a stock that he/she feels is priced relatively low then buys and checks his/her emotions at the door; The investor doesn't care about the ups/downs of the stock price and looks out 5-10 years down the road.
You need decide what type of investor you are. It would seem by your statement that you have not made up your mind if you are a trader or investor. If you are a trader you did very good and should be happy; You bought at $59 and sold around $71. May all your trades be so good. If you are investor then you made a bad decision to sell and acted on emotion.
Remember if you are an investor check your emotions at the door.
About Visa I think traders can still make good money and long term investors can make a lot of money. I am going long with Visa. To me it's a once in a lifetime opportunity. I have invested 1000 shares of the stock some at $65 and some at $85. I feel that in 3-5 years this stock will be worth $200+ and that is being conservative in my way of thinking. Not to mention that by holding the stock for more than a year I will avoid a higher capital gains tax. (I think its around 30%? vs. around 18%? for more than a year)
My personal position is a strong buy and hold 3-5 years.
I really like your thinking on visa and the future of Brasil. I tried to get in on visa at the IPO but was shut out. I bought in 5k at 55 and then invested another 25k at the 70 price. Right now things are looking good. I'm hoping for 125 before I reevaluate. Interestingly I've held EWZ and RIO for the last two years and as you know they have been on fire. I wish i trusted my instincts and invested heavier into brasil. Just like yourself I am also planning to move to florianopolis. I bought 15 acres of waterfront on the lagoon (lagoa da concenciao) two years ago which I think will probably be the best investment in my life. I'm just waiting for these stocks to mature so I can build my dream house and live in floripa year round. Hopefully sooner rather than later. BTW what part of Santa Catarina do you stay. I live on the island between dec and april. --Chris
On May 02 09:37 PM buffhockey wrote:
> Would you withdraw your 401k of 15K take the penalty and buy V at
> $82?
Dfax - In my opinion whenever you see a high p/e it means investors are betting on the future of the Company. There is a lot to be said for Visa. I'll tell you this since I bought the stock I never use my MC. I only use my Visa Checkcard now. I bet a lot of people are doing the same.
Visa will probably shatter earnings as time goes on and the price will fly any further.
I never knew the market to behave rationally.
Visa is a great stock for individual long term investor,As the article suggest it is perfect opportunity to buy between $80 to $90.Visa is here to stay for centuries with its business model and what it does to make money.Credit card are here to stay with wealth spreading in Asia,Africa the new generation of young people all they want a credit card ,cars and cellphone when they graduate from high school.Thanks to India and china.Where things are on the move.Visa as a public company has the money and might to conquer the world.Olympics will gives visa a opportunity to mark its present in China,commonwealth games in India will give another boost in India.
This Article gives people confidence who bought visa shares at these prices.People on the side line should jump in now,before institutional investor jumps on the wagon.Great stock for Ist time Investor.
cnbcmoney.blogspot.com/
Just added another 400 shares at $85.23. Thinking of adding more.
Some say that (V) went public because the company knew that the Jig was up (Supposed illegal business practices of stifling competition by fixing prices - which appears to be small businesses complaining that V & MA's "Interchange Fees" are hurting their bottom line - News Flash - Small price to pay for not having to deal with Cash) and the company could not sustain profitability as lawsuits and settlements mounted.
Anyone concerned about pending litigation be concerned no longer. The underwriters and they're attorneys responsible for setting up the IPO were very clever in protecting the interests of all of (V)'s investors (Large & Small) as future solvency has been hedged by 3 billion dollars in cash. If you would like to see a picture of that kind of money visit, usdoj.gov/dea/pubs/pre... which shows a photo of $207,000,000.00 in cash seized from a Mexican cartel. Multiply the photo by 14.492 and you'll have a better understanding of how (V) has dealt with litigation. This is enough money to fight lawsuits for a very long time. Long after we've sold.
It's safe to say that anyone who has enough capital to buy atleast a small stake in (V) below $100.00 per share and does not act is not thinking logically and should probably buy Blackstone (lol).
I think V has a LOT of upside. It WILL NOT see as quick a run-up as it did in the first month- but IT WILL continue to move upwards. It is better to get in at 84$ and ride it up while there is still strong upward momentum than to kick yourself at 120$ or more..........
Stay strong bro- as long as you won't lose sleep V is a winner. In the grand scheme of things V will seem a bargain down the road at 150$ - 200$ (where I expect it to be by the end of next year- if not 250$)............
I am from California and found all of S.Cat- much like SoCal- great people- great food- great women- the whole 9...........
I started researching the Brazilian stocks about three years ago-
I'm in EWZ , Braskem (BAK), Banco Badesco (BBD), Cpfl energia (CPL), Gafisa (GFA), Gerdau(GGB), Banco Itau (ITU), Petrobras (PBR), Vale (RIO), and Vivo (VIV).
We also have an account with banco do brazil- and have several non-adrs like bovespa, and banco do brazil.........
I love Samerica- especially Brazil- going back down this fall- hitting SAfrica - Buenos Aires- and S Brazil ..........
Stay in touch dude-
V will not move as quick as it has recently but it will continue to move- I would add a little whenever you see 2/4$ pullbacks (like Friday) and continue to enjoy the Vride.......we just added another gear and are just beginning to rev up. Stay on the V train or you'll be looking at us wondering why you ever sold your ticket at half price
V Winner, thank you for spreading your knowledge around. You've been a big help to me and many others.
Meow, I also want to thank you for the encouraging words after I bought 800 more shares and the stock dipped. Because of you and all of the other fine people around here I am having a great time watching this stock grow grow grow.
Doubters - O
Winners- Up $2.31- Up 2.79% - Over 85$
I called for a buy on the dip- on Friday..........
Lets keep the steak goin'
I can see a 100$$$$$$$$$$$$$$$$$$$...
Everyone needs to look at their INDIVIDUAL finances and such to make the right decisions for them. As much as I envy those that by 2000+ shares, I know it's not right for me or my portfolio. Nevermind I can't afford that at this moment :)
To those talking about getting loans or dipping into 401k's to buy shares... I would'nt make a move before talking to a broker and a CPA. There are so many tax burdens and hurdles that most regular people (including myself) will never fully understand. Nevermind the idea of trading a retirement plan for a stock. But that's just my completely un-professional opinion.
I've enjoyed reading everyone's opinion here..
You called that dip. You said it was gonna happen real soon and it did. You also said that would be the time to buy. And when I didn't listen and bought it at $86 and change you told me not worry it will come back, which made me feel a lot better, and it's doing that right now.
Looking - We have to encourage each other and hang in there. Let's ride the positive train together in dips and high five each other on the rises.
Keep up the great work and lets look forward to the next milestone... Visa @ 100!!!
you are the man you sure know how to call it!! 2 questions that you might be able to answer for me. I am fairly new to the stock market and dont fully understand it. someone wrote on this site that visa was paying .45 dividend in July, how do they know that already, how does dividends work, do you have to own a certain amount of shares for a certain time before you get paid the dividend? Also do you see another pullback before it reaches 100.00 if so what would be the pull back I should look for?? I am about to invest 10k and want to know when to try to grab visa??
Thanks and I enjoy you profound knowledge.
Haha, you are like me buying only 400 at $65. I would have bought more but Cramer said it was too expensive. Then a week later he said it's a good stock. Go figure.
1. Buy and hold a core position (several thousand shares).
and
2. Day trade it until I have to replace my keyboard (to date I am up to about 750 V trades).
I'm not the guy to ask about options- but here is an options report from last Wedsneday= and it appears there is a lot of money on V hitting 100 this month.......
Visa (V) – A 2.4% gain for its shares to $82.79 appears to have jump-started the speculative appetites of call traders in Visa. With nearly 130,000 options trading by noon, more than 4 times as many calls are trading as puts, and these at the out-of-the-money strikes we observed prior to its earnings announcement earlier this week. Two-way traffic is occurring at strikes of 85 and 90, while the 95 call strike attracted plenty of buyers at $1.05. Can Visa hit $100 in May? Traders have bet on that possibility more than 3,700 times today even though the 20-cent price of that position reflects just a 6% probability of it actually coming true.
1. A lot of money is slushing back into commodities (as I said it would).
2. We've had a three week run-up in the dow and broke the 13k barrier-
3. The economic calender this week is busy and could be bleak which will put a damper on market enthusiasm (productivity, pending home sales, and consumer credit are out Wed/Jobless claims are out Thur)
4. Oil broke 120 for the first time in history- and this will create doubts about economic growth.
5. V has had a huge run-up recently.
Having said all that, neither countrywide- or google/micro was able to derail V today- I still think V will be wobbly for the next couple of days. There is a lot of sentiment that maybe the market uncorked the champaign a little early.
What I would do if I was you- is pick a price you feel comforatable and buy without 1 week expectations. If you can't be by a computer all day- place a limit order at a price you can live with. The best time to buy V stock is about /fifteentwenty minutes after market open (9:45/50am). V tends to open higher then there is usually a dip. If you have streaming quotes- just follow it down.
I think we will have another 2/3 dollar correction in the next couple of days. Thats just my gut feeling. BUT- if you are confident and you are long-term- buy when the time is right for you. Just remember if you are in this stock long term, and as others have already said- 2/3 dollars will be a pittance down the road.
As far as the dividend question- I do believe I heard V say either .40 or .45 per share. I don't recall if the board of directors announced the 'declaration date' (this is the date on which the board announces that it will pay a dividend). You need to own a stock prior to the ex-dividend date. As long as you own the stock prior to the this date you will get your dividend. If you own the shares right now you are safe as V has yet to announce when its dividend will be paid.
I suggest you look at the investor slideshow:
library.corporate-ir.n...
The second quarter financial results:
library.corporate-ir.n...
and the operational data (revenue and transaction volume):
library.corporate-ir.n...
If , for whatever reason- you can't open the pdfs- you can go to:
corporate.visa.com
and click- investor relations where you will find a plethora of info
Good Luck......
Visa (V - Cramer's Take - Stockpickr): "Visa's up 20 points already. It's going to $100 a share. Big institutions have to have exposure to financials and they're still buying this one."
I like Cramer, learn from him and like the show. But was he ever wrong on Visa. Initially he said Buy ($44/share). Then he said stay away from Visa as it's too expensive. Now he says the above.
Make up your damn mind, Jim!
I'll make it up for you...
Buy, buy, buy!!!
These same guys also recommended (last week) Yahoo- Microsoft- and EMC- and think that buying Walmart is a way to 'play' the wedding season. Its comical. But one thing is for sure- AFTER the risk has been taken out of the equation they are the first to jump on the bandwagon and hope that you forget that they were against it before they were for it (unless the market turns then they are for it before they are against it)- these guys remind me of politicians.......
I've been in this business for a long time- and work on Wall Street- and am actually in the investment business (precious, base, and minor metals). I normally don't have a lot of passion for stock - but after I ran gold up and then shorted it on the way down :0 V caught my eye. It is truly a gem- and one that doesn't come along often.
As far as selling Msoft and buying V- I would have no problem getting out of MSFT its not a google, and in my mind - not even an apple- I would have thought if anything had pumped that stock it would have been dropping the yahoo bid- but nada.... so I think it will flatline for a while.......V on the other hand still has a long way to go this year- and next year will be much better.
Thanks for your help and answering my questions quickly. I am strongly considering takening a loan out or doing a advance on my credit card to obtain more v stock. I along with several others feel that visa will just blow up in the next few months. Please let me know any suggestions you might have?
But I am also a risk taker and if I was ever to do such a thing (take a loan) I would have to look at the worst case scenario- and ask myself if I could live with the outcome were it to materialize.. This is a judgement call only you can make. There are worst things you can do with your money (I know -i've done them lol)
I appreciate the quick response. what if the neighbor is a pain in the rear. lol I think I will do a small one maybe 5k. I will wait for the drop and then buy. When do you think the next drop will be and how much?
Any suggestions?
Great name! If you go back up and read the comments earlier on in the blog Vwinner seems to think the next big drop will be $100 but you don't want to wait that long. My advice is if you are going through with this loan then buy sooner rather than later after a small dip. As Vwinner said (and you can research this on the Visa chart) it dips every morning around 10ish. I would look for the dip and buy then.
Don't hold me accountable for anything you do or fail to do.
Thanks for the advice that is what I will probably do in the morning. If it does good I wont hold you accountable but if it does bad i will. lol
thanks and lets make some money!!!
I think I will buy more with you in the morning. haha, we can high five at the end of the day over a great investment!
you see, visa is properly poised (for numerous reasons that we already know) to really make a run in the next year, and even more in the following year. but like i said before, please don't stress yourself so thin that you would borrow from 401k's, creditcards, etc. if you do, that would be a majorly foolish mistake!
i'm sorry if i'm coming on so strong, but i've seen to many close friends of mine get really hurt with this concept of borrowing. i could have made last week over 10k if i sold out and bought on the dip, but i'm holding for long term. visa is a very solid company.
if it helps those who want to take out a loan.... no this. good investments like visa don't come across everyday, but they DO come across every year or so. for example, in '03 we had google, then in '05 we had rimm (which really took of in the past 16 months, up over 400%!!!) so you see, don't feel bad that you didn't own 1000's of shares of visa. when (whoever you are) are more financially stable to invest more in a new IPO,
go luck to all!!!
Cheers to you and your kind words we will be high fiving tomorrow evening.
meow
I appreciate your help and sound advice for a new investor like myself. You made some very sound points and I think that is why I am just going to do a small one like 5k.
Good luck and lets make some $$$$$$
With Cramer - meh, it's good entertainment and I do learn thing or two from ol' Jimbo. Nevertheless, I don't think he's to be trusted all the way either.
Bottom line ALWAYS do your own research.
good luck everyone,
1st some of my 2 cents :)
The big boys (i.e. JPM, BA, C,...with holdings of Billions will help the price 2 go up & up & up at least until their lockup period (2.7 yrs)...
It's a fact that in most Asian & south American countries, ppl still using cash 4 everyday transactions but because of the boom in their economies they're turing 2 credit cards & over there the usage of credit card transation is at its infancy. Bottom line lots of & I mean TONS of future transactions.
Lastly, there are some shorts mentioning about the new credit card reforms...NON of THESE REFORMS ARE POINTED at VISA. Visa is the processor not the issuer. These guys are as confused as the FAST MONEY bunch when it comes to understand the future potential of V. now here's the article...
JPMorgan Chase makes $1B-plus on Visa IPO
Other banks getting hundreds of million of dollars in Visa offering, giving much-needed boost to their bottom lines.
)
By Tami Luhby, CNNMoney.com senior writer
Last Updated: March 21, 2008: 2:19 PM EDT
NEW YORK (CNNMoney.com) -- Thanks to its stake in Visa's initial public offering this week, JPMorgan Chase & Co. has enough money to pay for its Bear Stearns purchase and still have about a billion dollars left over.
JPMorgan (JPM, Fortune 500) made at least $1.36 billion in Visa (V)'s IPO Wednesday, according to federal filings. JPMorgan is the largest of six principal bank stockholders of the the card processor, who all reaped big bucks from the offering. The debut was so successful that Visa sold additional shares, boosting the banks' takes.
"JPMorgan had a great week," said John Fitzgibbon Jr., founder of IPOScoop.com, an independent IPO rating service. "They walked away with $1 billion in their pocket and that's after buying Bear Stearns."
JPMorgan scooped up embattled Bear Stearns for the bargain basement sum of $342.6 million, based on the bank's closing share price on Thursday.
The Visa windfall couldn't come at a better time for banks, which are struggling to raise much needed funds amid a credit crunch on Wall Street and a faltering economy. It will help boost banks' first-quarter earnings, provide them more reserves for loan losses and improve their capital, an important measure of an institution's financial health.
"It's hard to raise that kind of cash in today's market," said Chip MacDonald, partner in the capital markets group of Jones Day law firm. "It gives them more flexibility."
The IPO should increase banks' first-quarter earnings by about $5.4 billion, Keith Horowitz, analyst at Citi Investment Research, wrote in a research note, according to the Associated Press.
Other banks receiving big windfalls from the IPO include: Bank of America Corp. (BAC, Fortune 500), $675.3 million; Citigroup Inc. (C, Fortune 500), $324 million; U.S. Bancorp (USB, Fortune 500), $298.7 million, and Wells Fargo & Co. (WFC, Fortune 500), $295 million, according to the IPO prospectus filed with the SEC.
National City Corp., which was listed in the prospectus as getting $470.5 million, announced Thursday that it would see a gain of $530 million from redeeming 39% of its stake.
The banks still hold a significant stake in the card processor. Based on Thursday's closing price of $64.35 per share, their ownership was worth $4 billion for JPMorgan, $2 billion for Bank of America, $1.4 billion for National City, $952 million for Citigroup, $878 million for U.S. Bancorp and $866 million for Wells Fargo.
To those talking about taking loans out or cashing out 401's ..... ummm no that is a really bad idea IMHO. To borrow $$ to invest, sorry that is way too risky. Why not just buy V through your 401k? I own some in my 401. In fact I bought some in 2 IRA's 1 401k and most in non-quailified account.
Oh and when I started talking about options to my FP he told me that everything I said about calls and puts was wrong or I had it just backwards, so maybe in that 1 part he might have saved me.
I think Visa is a $100 stock this year, but if the market drops as a whole again ( maybe DOW to 10000) then You will see a big pullback in Visa for short term....again my opinion.
Please don't crucify me V Winner for statin my opinion on a drop if dow to 10k :)
I fired my broker after he refused my google ipo desire. He, of course, knows whats best. I found I can function on my own just fine and make my own calls. There are lots of services out there like Ameritrade, Scottrade (I use this one and it works great!), Etrade (I would avoid this one as they seem to have financial troubles), etc.
My question to you is if you are active in the market and plan to be active in the market do you really plan on relying on your broker for the rest of your life? If you say yes then don't question him. If you answer no, then like me, it's time to transfer your funds to a platform like I mentioned.
Believe me when I say, YOU CAN DO IT YOURSELF. Oh, and you will learn a lot more.
1. In the past if a broker sold you a couple of dogs in a row you would most likely fire him and it would be more apparent- so there was motivation on his/her part to actually make you money.
2. When the fee-based plan the broker/firm has little motivation to take risks as they get paid regardless. Therefore they tend to put your money to work in a range of run of the mill securities that just beat inflation and taxation and not much more.
3. Most brokers don't do a whole lot of their own research- they really on in-house boilerplate analytics. They usually have no attachment to the companies they push.
Needless to say I have very little respect for brokers
I agree with TedAmerica in that you have a huge range of services at your fingertips.
GOOD LUCK TODAY!
On May 06 12:28 AM tedamerica wrote:
> Vwinner - The fast money guys? I cannot even stomach watching their
> show. You know what's scary is that far too many people probably
> consider what they say as gospel.
>
> With Cramer - meh, it's good entertainment and I do learn thing or
> two from ol' Jimbo. Nevertheless, I don't think he's to be trusted
> all the way either.
>
> Bottom line ALWAYS do your own research.
" Vwinner - The fast money guys? I cannot even stomach watching their show. You know what's scary is that far too many people probably consider what they say as gospel.
With Cramer - meh, it's good entertainment and I do learn thing or two from ol' Jimbo. Nevertheless, I don't think he's to be trusted all the way either.
Bottom line ALWAYS do your own research."
I am a novice (investor) and needless to say do not know what to research. Besides keeping close tabs on the latest happenings on the Co. what other areas need to be looked into and how? FYI: I have a comp. science background and am not very well versed with financial statments, balance sheets, and the like.
Thanks in advance!
Normally I would agree with you. V is posting a P/E ratio of 200+; Normally I wont consider a stock with a P/E ratio of 30+. Visa's P/E is somewhat like UPL only a grander scale. My rationale is that people are paying a premium based on the fact that earnings will catch up.
You say too high? What would be a good price then? Even at $50/share the P/E would still be crazy. Probably like 100-120? There is no way it's going to drop that low.
If you are novice I suggest you start by reading:
All about Stocks by Esme' Faerber
A great book. Then you when you do your research you will have a better understanding of what all the symbols and different things mean.
You can do research on any stock by using MSN finance and Yahoo finance, etc.
Hope this helps!
Any insight would be appreciated.
Are you day trading options? I started day trading options with V and have made about $19k. What I do is decide how much I want to make and put a sell order in after I buy. I watch the stock all day and if it is increasing in value I change my see amount. I had to learn the hard way not to get greedy and even now if can be difficult.
I, like most of you believe that V is a chance for great appreciation to our bottom lines. I think we are helping each other by giving our options. I also like the idea of telling each other other stocks we are investing in. The stock I will mention is ticker symbol gu. I have owned the stock since March and it has almost doubled.
I look forward to what the future holds for all of us.
On May 06 10:50 AM tedamerica wrote:
> Vwinner - I am doing more of the day trading like you. I am keeping
> a core position and then trading on the highs and lows of Visa. Is
> there anything you look for on the high as to when to sell? Or on
> the low when to buy?
>
> Any insight would be appreciated.
I am not sure I understand options; I buy the stock and then put a limit order in to sell? Is this what you mean? Like yesterday I bought 400 shares of visa at $85.23 and sold today at $86.40. Heck the stocks took off even further as I write up above it's 52 week high. I dont like to be greedy though, either.
I also bought 2000 shares of Staple at 21.93. Whenever I see a big sell off for no good reason (profit taking) I usually buy.
I'll look at GU.
any chance you can explain how to options trade in a paragraph?
I can say that if you watch the stock on a daily basis you will begin to notice trends.
Rumaz- check out the Visa Corporate site and the 'investor relations' section. I posted the links a couple days ago (scroll up and you will find it)- I also suggest that you use your online brokerage research tools to view analyst reports, etc.
Last- and even though most of the other 'finance' sites are full of mentally-challenged and negative types (see Sohammer, Wez, Buy Foreclosure posts)- there are usually some valuable tidbits from which you can gather additional data (yahoo finance/marketwatch community/motley fool caps/aol finance/google finance)- Just remember you have to sift through the dumpsters to gather the diamond- ignore the stench and dive in .....
12.50 to go until we hit 3 digit land!
Ignore the white noise- every great stock was called overvalued at some point- Mastercard was called overvalued- google was ridiculed- Microsoft wasn't taken seriously for the first couple of years, etc-etc-etc..
Bottom line- astute investors realize that there are very few franchises on earth like MA and V- and V is the biggest and will only get bigger. Remember - there are a lot of people out there not as fortunate as those of us who own shares- and instead of striving to achieve enough in life to be a buyer-they will bash you and the stock. There are also those full of spite that didn't hop on because they were scared, didn't have the confidence or listened to the drooler down at AG Edwards- they want to ruin your experience.
They - are LOSERS
We- are the WINNERS
Losers hate winners.......
Don't give in to temptation to take your profits and run- you will forever regret it.
Congrats to my fellow winners- lets enjoy this great experience. In five years we will all be looking back at 500$ a share (or split equiv.) thanking god that we were bright enough to have taken this ride.
We are blessed!
When I first learned about options I realized it was one of the best kept secrets in trading. For example if you brought 10 shares of V at $87 (cost $870.) and it goes up $2 you have made $20. Instead if you got the June option to buy the stock for $90 at a cost of $4.90 (based on todays cost) per share (you have to buy in 1 contract increments which is 100 shares) or $490 for a contract. When the stock goes up let's say the same $2, your option value may only go up $1 but your profit would be $100 instead of $20 if you owned the 10 shares. I only deal with call options, which means I buy based on my belief that the stock will increase in value ( I keep it sample). Does this example help?
On May 06 11:56 AM tedamerica wrote:
> Hey good -
>
> I am not sure I understand options; I buy the stock and then put
> a limit order in to sell? Is this what you mean? Like yesterday I
> bought 400 shares of visa at $85.23 and sold today at $86.40. Heck
> the stocks took off even further as I write up above it's 52 week
> high. I dont like to be greedy though, either.
>
> I also bought 2000 shares of Staple at 21.93. Whenever I see a big
> sell off for no good reason (profit taking) I usually buy.
>
> I'll look at GU.
>
> any chance you can explain how to options trade in a paragraph?
Ahh.. never in many many years have I been so happy to finally have gone with my gut.. sounds like I'm not the only one that had to remind my advisor whose money it was. Spoke to him today and I actually managed to get a choked version of 'congratulations' out of him. Wouldn't be surprised if he finally got in on the action himself.
I've noticed for the last few nights that I've had visions of old bankers in their hats slamming down on those old machines.. hearing the sweet sweet sounds of cha-ching, cha-ching, cha-ching swimming in my head...
Your broker has been on Visa since day 1.
Yes, it helps in my understanding. I guess will go buy a book to help me further. Now off to Scottrade to see how to option trade on their site.
Thanks!
Vwinner - you the new E.F. Hutton
Can someone help me out here. Thanks.
Number of Class A common shares outstanding = 778 million
Net Income for last quarter = $314 million
EPS = 314/778 = 0.403
Adjusted net income (Net income excluding litigation, restructuring and purchase amortization) = 401 million
EPS = 401/778 = 0.52
Hope that helps
On May 06 03:17 PM Rumaz wrote:
> I know I'm going wrong somewhere when calculating EPS (for Visa).
> I took 1.5 billion (Q2 revenue), divided that by 404 million (outstanding
> shares) and got 3.71
>
> Can someone help me out here. Thanks.
Here's a good link to help you understand.
stocks.about.com/od/ev...
84.41 ALL TIME CLOSING HIGH
2.35$ UP
2.76% UP
As I travel to South Africa and South America this year- I will have a smile on my face as Visa will be paying for that trip and many more to come............
To all my fellow VJunkies- we have only 12.50 to go- there were 9 block trades today- and there is some serious accumulation going on-
I was expecting 100 by next quarter but it is not only looking like we could hit it this quarter- but this month!
Even with a couple pullbacks- in V this month- 100 is looking mighty close
I am so stoked- I LOVE this stock-
V Winner- thanks for all your posts- very informative! I would say this is excellent education for everyone and for free!
I have got a simple question for you. When you say 'there were 9 block trades today', what does that mean? Someone has bought it or sold it in large amount? Thanks.
I also love this stock,
Visa Country
Welcome on Board the Visa Train!
Chugga Chugga Chugga! Up Up Up we go...Up to the highest hill there is ever been! The Visa Train!
All Aboard!!!
may be y should use your brain
sit back and watch we made money ok
You did better than me! I got in at $65 and $85 but to use an analogy here is how I look at this great investment.
It's kind of like that sky rocket ride at some amusement parks. You know the ones that strap you in and then shoot you up?
It's kind of like that. When you are on the ground and look around everything looks so big (stock price of $85) but when you up to the top (stock price of $500) all those things far below (stock price of $85) look so small.....
as promised yesterday time to do some high fiving!!!! I wasn't able to get it till this afternoon at 87.40. But I am still ok because I know we will be making some $$$$$. Did you get any info about options from Scottrade?
Thanks
I think i was wrong...If next month it hits close to $100.00
I would think it will be close to $200 or more within 6 months.
As I thought from last fridays close, it would be up to $85.00 on Monday, and today we're already at a High of $88.15 and a close of $87.53, so wednesday should bring $89 to $90. If this keeps up we'll be at $200 sooner. Either way,you will be looking very pretty in one year and probably doubling you money in 6 to 12 months.
That said, I know this sounds like I'll talking out of both ends, but this is the stock market and nothing is 100% guarantee, but I really believe it's 99% guarantee. I wish you all the best, and don't worry if it suddenly dips a bit that is normal. I aggree with you, VISA will surpass MA.
Yes I spoke with Scottrade today. Overall I am pretty happy with their service. You can options trading you just have to have the money to cover it.
There will be pullbacks and retrenchments. But the direction is up.
We have no idea how far it will reach to the stars until institutional
investers join in. When they do it will be considerable. They will buy Visa.
Visa will rise on the fundamentals. When it does it will shame the naysayers. The potential drag is the number of outstanding shares.
VISA will need to declare an appropriate dividend when its cash becomes obsene.
VISA can weather any economic cycle.
Buy what you can comfortably invest. You will be rewarded.
It will reward you, your family, and heirs, should you so choose.
V winner, please show me where is the best site to do more research on V? thanks a lot
I appreciate the compliment- though I don't deserve it- I have had to fight from day one (see all the other Seeking Alpha- Visa 'articles'- because of my belief in this company. I feel very strongly that negative people that had no money at stake and didn't have the requisite experience to be offering what, to newbies, could be construed as professional advice- should not have been provided this forum. Unfortunately, seeking alpha goes out as a 'news feed' to Etrade - Charles S- and a couple other firms. Unfortunately people with very little experience RUINED the opp to make a killing on V. I am happy whatever little work guys like you , me and all the other V investors did to break through the early negativity- resulted in a few people moving in concert with us.
I have made a LOT of money on this stock so far- and am absolutely sure the best is yet to come. I took a walk after trading today and was running the numbers in my head at 500 a share down the road........ As another poster said this is one of those rare 'story' stocks- 'if you had invested x amount of dollars in....... you would ........' These don't come along very often- and I'm glad we are all part of it.
EXCUSE THE SHOUTING BUT I AM ABOUT TO POST ALL OF THE LINKS I HAVE COLLECTED ON V- THERE ARE SEVERAL- CHECK MY NEXT POST AND GOOD LUCK.
Remember - you can never do too much research- or know too much- but you can easily know too little (just ask all the people that didn't buy the stock!)
CHECK THE NEXT POST COMING UP SOON- FOR MORE LINKS THAN YOU CAN HANDLE........
V source data-
www.thestreet.com/quot...
(The street- this is the site that Jim Cramer (Mad Money)
Started- take it for what its worth.
seekingalpha.com/symbo...
(All of the seeking alpha V posts)
caps.fool.com/Ticker/V...
(Motley Fool – V board (check the caps ratings)
www.marketwatch.com/qu...
(Marketwatch V – community- )
www.secinfo.com/$/SEC/Registrant.asp?...
(SEC- Info- Various filings with the SEC –including the IPO doc)
en.wikipedia.org/wiki/...
(an explanation on how to write calls)
finance.yahoo.com/q?d=...
(Yahoo finance- V board)
finance.google.com/fin...
(Google finance – V board)
www.hoovers.com/free/c...?
ID=40515&Page=1&am...
(Hoovers- more SEC filings)
biz.yahoo.com/opt/educ...
(more options data – for those of you that want to know how options work)
And- RIGHT FROM THE HORSE’S MOUTH:
investor.visa.com/phoe...
(Visa’s own investor relations website)
library.corporate-ir.n...
Visa’s second quarter earnings report 2008
library.corporate-
ir.net/library/21/215/...
Visa’s second quarter investor slideshow (This is a must read)
library.corporate-ir.n...
(Visa’s Operational performance data)- transaction/market/rev breakdown
Good luck- I'll have more (technical/options chains/analyst reports) @ 100- this should be sufficient for the next 12.50$)
I wanted to let you know that the only time you would need the cash to cover is when you decided to purchase your option. If you sell before they expire you take your gain or loss the same as you would a stock.
Example: You buy 1 contract (100 shares) for the option to purchase the stock at $90 in the month of June, the price $4.60 per share or $460. In May the stock is doing well and reach a price of $95, the optionvalue will increase as well, let's say it goes from $4.60 per share to $6.60 ( $2 gain). The profit you would make at that time would be $200. You could sell your option and just keep the profit, without having to ever own the stock. That's the beauty of options.
On May 06 07:24 PM tedamerica wrote:
> visa=$$$$
>
> Yes I spoke with Scottrade today. Overall I am pretty happy with
> their service. You can options trading you just have to have the
> money to cover it.
Example: If you wanted to buy 5 option contracts is saying you want to have the right to buy 500 shares of that stock.
On May 06 09:36 PM tedamerica wrote:
> hey good - what exactly is a contract?
ONE THING!~!!!!!
We are all on a good emotional high right now. When we get a pull back check your emotions and remember your reason.
We have thought this out together and know, we know this stock cannot and will not tank. So we all must pledge to hang in there!!!!
See you all tomorrow!!!
Drink one for me and all the other visa money makers. I am in it for the long haul at least 3-5 years. What about you. Also do you know how the gains are taxed?
v winner
thanks for all the good insight again
thanks so much V winner,
option is great guy but carefull when you buy call or put because you can lost all your premium on the expiration date. good luck
today V @ 87.53, if you thinks stock will over 90 by May 17, you sell the May 90 put - you get $4.20 per share. If V stay above 90, you pocket 4.20 per share, if V under 90, you obligate to buy @ 90, but you have keep 4.20 so your actual cost 90 -4.20 = 85.8 almost same today you buy at 87.53 (same risk) but you don't need 87000 to play 10 contract (1000 shares) good luck
For all the options guys- (excuse the following analogy) ladies- if you have balls of titanium go for the May 100$ call strike.......no guts no glory.......
Good luck tomorrow everyone- and this week
Late to the V train, but so far loving every minute of it. Only have 500 shares @ 82 but looking to buy more within the next couple of days...still thinking of a pull back in the next few days? Thanks
The market opens for me at 3am, LOL.
(you can use your Visa card to pay for the eyes)
Good morning!!
hope all this hard work will pay off
good luck everyone
Options guys if I bought 10 contracts with call strike $100 and it hits it I make 13K?
Did you see my questions for you? Any advice for a Newbe?
On May 07 10:04 AM Vwinner wrote:
> Vwinner - haha, funny last night I said I am not going to be able
> to sleep thinking of Visa.
>
> Options guys if I bought 10 contracts with call strike $100 and it
> hits it I make 13K?
I see that you signed on as Vwinner- and I am V Winner- surely you can be more original in your handle?
I am watching V trade above 89$ FOR THE FIRST TIME.......
V just keep breaking records - its like the roger federer of the credit card world........just when you think the streak can't possibly continue- it blows all expectations out of the water.......
Amazing
(Vwinner- could you please use another handle)
Let's hope this stock still has a long way to go up!
$89.84!
Enjoy!
My bad.
SymbolLast Trade LastNet Change BidAsk VolumeOpen Interest
.VEA6 Minutes ago 0.20+0.10 0.150.20 6622,816 105.00
Can someone explain this call chart?
'Symbol' indicates the date (month and year) the call/put is executable, ie, the time you can actually buy/sell the particular stock (in Yahoo finance these (.VEA, etc) are links that, upon clicking, show the details).
'Open Interest': Is the strike price. Per 888options.com a strike price is:
The price at which the owner of an option can purchase (call) or sell (put) the underlying stock. Used interchangeably with striking price, strike, or exercise price.
No one ever made money without taking risk. Risk is what seperates the wealthy from the not wealthy. 401K'S are great tools for individuals preparing to work until 55-60 years of age and the general return on 401k's is very low compared with the possible returns on (V). It's been said that workers should never withdraw from their 401k's, however, this rule only applies to those individuals who plan to live off of their 401k withdrawl which i'm sure you are not.
If you take a 401k loan to purchase (V) make sure are planning on staying at your job for the duration of the loan repayment, borrow only what you're comfortable with losing (worst case and unlikely scenario), and do not spend any of the loan proceeds on anything else besides your initial reason (purchasing V) for aquiring the loan.
"Your" 401k is money you've worked very hard for and 401k's we're only established so the government and corporations (who would be taxed even greater) wouldn't be overburdened by poor retired-workers who lack discipline in preparing for their future.
If you'd like to work until 60-62 leave your 401k alone.
$89.10 as of right now........
The guys that bought the May calls for 100$ strike- have 10 days to go.............
Correct that- 89.229........
Life is good in V Land........
Another way to leverage your holdings in V would simply be to ask your brokerage for margin- just remember that although you can double your profit from your new-found credit- you can also double your loss. And you have to pay interest on margin (although its not a lot).
A couple other things:
Never buy V right when the market opens. 90% of the time V is cheaper 10/15 minutes into the trading session - after the morning's orders have been filled. Also- another good time to buy V has been after a bad day or two- (buying on a dip). Last- don't beat yourself up if you pay a little too much- this stock has 11.60 (as of 12:10pm) to hit 100- and down the road at 150 or 200- you won't be sweating 2 or 3 dollars)......
I guess its all about perspective; perhaps someone owing only 10 shares might marvel my collection. I feel better now! :).
I'm from Los Angeles originally but live here in NYC- one of the great benefits of living here is not having to wake up early-
Good luck everyone- at 12:12PM im looking at 89.47$ and 90 is a fingernail away-------
As far as the pullback- I did expect one- but it seems that there is a lot of accumulation going on. There were 9 block trades yesterday- and it seems that much of the new activity is buy-and-hold money.......
I can tell you that there is a lot of momentum and investors seem to be ignoring P/E (a crazy 232. right now)....
I would still say to be careful-but like I have said all along- when we look back a year from now- 2 or 3 dollas' won't mean much.
I am very happy at all of the enthusiasm. I bought this stock on DAY 1- and am trading it, acccumulating it, and i'm even jumping into the options play on V- which is something I usually don't do.........
We are going to be very happy - but my intuition is that there will come a day in the future (most likely when we top the 100$ milestone) where you will see a 5$ pullback- this will not be the end of the world but a lot of money will most likely come out at 100- its important to put this in perspective and to develop realistic expectations and not panic......
If you want to see some comps - take a look at the 2 year, 1year, and 6 month charts for Mastercard (MA)- and this was during a bull market. Corrections are healthy and normal, and necessary-------
Good luck - and for more info see my post from yesterday with all of the links to additional V posts....
You can get add margin and double your position instantly as one option to own 200 shares.
Also V may be the start of your portfolio taking off. Its little steps over time that make people rich. If V is your stepping stone then it will all be worth it - what is important is that you make a series of good decisions to magnify your wealth over time.......
V @ 89.45..............RIG... NOW>>>>>>>>>>>
I am a very small investor and am not eligible for margin (at least thats what I think). I have the basic scottrade acnt. Are you saying anyone can get margin? How does margin work anyways?
Vwinner thanks again for your insight its pretty educational!
Everyone else thanks for all the great posts.
As far as the pullback, there has to be one, but look at the great stocks like MA and GOOG, look at their charts. Yes, they drop. There is just too much money in Visa for their not to be a pullback. Remember we all think differently. Some of that money is going to be more conservative and cash out as we all think differently. I agree with Vwinner that a pull back when the stock goes over $100. I see a $5-$10 pullback and then the price will go back up. Remember your reasons for INVESTING is that this is a great company with a lot of great future growth. So check your emotions at the door when we see the pullback. Hop on this board and vent your emotions here.
Our leader - Vwinner - will guide us right. (Vwinner, you wrong the lynch mob cometh!) lol - make your disclaimer now. lolol
Visa's Press Release:
Visa operates the world's largest retail electronic payments network providing processing services and payment product platforms. This includes consumer credit, debit, prepaid and commercial payments, which are offered under the Visa, Visa Electron, Interlink and PLUS brands. Visa enjoys unsurpassed acceptance around the world, and Visa/PLUS is one of the world's largest global ATM networks, offering cash access in local currency in more than 170 countries.
I want to get into Visa but not sure when to get it....since its a straight run for VISA for over a week now...i believe there will be a pull back to $83-$85 and thats when i am planning to invest.
Can you share your thoughts?
On May 07 12:28 PM V Winner wrote:
> Adesai- I have known you on the V posts since day 1- glad to see
> you.....I also bought the IPI IPO but sold mine the next day. If
> you want to know what I think- I'm going to break it to you. Potash
> is hot, and the sector is hot, but with potash, mosaic, and compass
> already having had big runs- ipi is a victim of their success. Long
> term that is a good play- but the momentum is not there. The commodities
> money is fickle right now- it jumped back but will jump back out
> quick when the dollar strengthens, oil comes down -etc. You have
> seen how quick the com stocks get punished they come down a lot quicker
> than they go up- and market money has no mercy- I would dump the
> IPI- and stick with the Vplay- we are on our way to 100 soon
>
> V @ 89.45..............RIG... NOW>>>>>>>>>&...
See, today almost $90.00 Deneros, $100 is coming faster than I think anyone could imagine. Hold on to those shares.
Based on the past couple of weeks I would go out on a lim and say it will hit $100.00 by June 15th and then another spike after May 20th.
UBS Global Financial Services Conference in New York on May 14, 2008, at 12:20pm ET/ 9:20am PT
JPMorgan 36th Annual Technology Conference in Boston on May 19, 2008, at 9:20am ET/ 6:20am PT
May the V gods be with us- because I just put a big chunk on V's success over the next month..........
Yes, it will most likely be in that neighborhood $3 to $400
What you are basically doing is borrowing money against the shares (the collateral)- which allows you to buy more shares.
Remember- twice the upside but twice the downside to.
Be careful and good luck.......
As far as other stock- check out my earlier posts on this V article and some of the other V articles - I told everyone about the Brazil play a while back. There has been a huge run-up recently so Brazil is having its own pullback right now- and I feel that this is a great buying op. I am big on Brazil- and have been all over the country (and samerica), have a brazilian wife, and have researched stocks there for three years and have about 20 positions. See my earlier post for my picks. These are great buy and hold stocks- I see huge growth there. In the next decade countries that have water, oil, metals, and agriculture will be dominant- and Brazil has more of all per - capita than any other top10 country on earth. .........
I'll enjoy using my V card there again this winter (V is paying for my trip this time :-)
See below for the answer to your question. Enjoy the rest of your day!
On May 07 11:16 AM tedamerica wrote:
> Calls
Symbol- (This symbol tells which month your option will expire, ex. VEA is the $105 option that expires this month)
Last Trade- (This tell you the last amount paid for the option by the buyer)
Last Net- (This tells you the net gain/loss for the day)
Change- ( I do not have this on my account but I think it shows the % for the day)
Bid-( The amount you can sell your option for at that moment)
Ask- ( The amount they want to sell the option to you for)
Volume- (How many people purchased that option today)
Open Interest- (How many people are holding that option)
> .VEA6 Minutes ago 0.20+0.10 0.150.20 6622,816 105.00
>
>
> Can someone explain this call chart?
Listen to me. I sound like a pro! I think this strengthens my belief in the saying that a person is as good as the company (V Winner, Tedamerica, Adesai, et all) he keeps.