Sean Miller

Visa and Mastercard: The Mortgage Brokers of the Credit Card Industry

truth19, i am not trying to assign value to these stocks; i am just pointing that there is deteriorating credit market which does not seem to be taken into consideration based on the high p/e ratios of v and ma.

Visa and Mastercard: The Mortgage Brokers of the Credit Card Industry

well, good luck guys

Visa and Mastercard: The Mortgage Brokers of the Credit Card Industry

buyv: your efforts are misdirected. my commentary does not move stocks. hedge funds and analysts might, but not me. serious investors who control lots of money do their own research rather tha taking tips from occasional bloggers like me. regarding mastercard and visa, it almost impossible to find an analyst with anything negative to say, so my position is not a popular one. i believe the market is in a downtrend so i look for stocks that are overvalued. both ma and v have high p/e ratios and are in a sector that is deteriorating, credit. if you think that the shorts put bear stearns out of business, you are wrong. bear took on way too much risk and had a margin call. by their own admission, they were undercapitalized by $90-100 billion. I blog when i see something that does not make sense. you can blog too if you want your opinion to be heard. I do not have a following of investors or control money, and i sincerely doubt that my posts could move markets. blogging is about free speech. regarding ma and v, i am either right or wrong, and that will be determined on their earnings conference calls I have no inside information, just logic as outlined above. regarding the SEC, you might find that they have more important things to investigate!

Mastercard, Visa: Q1 Earnings May Be Fine, But Guidance Will Be Weak

touche

Mastercard, Visa: Q1 Earnings May Be Fine, But Guidance Will Be Weak

buyv, no speculation required. facts are facts, either i am right or you are; the world will know on apr 28-29 when earnings are released

Mastercard, Visa: Q1 Earnings May Be Fine, But Guidance Will Be Weak

adesai, normally, when the economy worsens, consumers might put more on credit cards, but the volatility in the credit markets and tightening standards is making this more difficult

Mastercard, Visa: Q1 Earnings May Be Fine, But Guidance Will Be Weak

to Adesai: the Visa IPO filing states: "Our business is affected by overall economic conditions and consumer spending patterns."

Mastercard, Visa: Q1 Earnings May Be Fine, But Guidance Will Be Weak

global economic fundamentals have deteriorated significantly in the quarter, as has access to credit due to tightening standards. this will have to be address in the conf call. look at walmart today. they raised earnings guidance but it's not based on revenue, its based on inventory control.