Visa Inc. (V)

All Comments on V

  • commenter
    Trader Man
    Sep 02 03:38 PM
    Credit Cards: Not Dead Yet [view article]
    Once people figure out that Debit card are BAD, then this argument is a mute point. Always remeber, with Credit Cards you are using SOMEONE ElSES money, with a Debit Card it's instantly out of you checking account. Reply
  • commenter
    Sudheer
    Mopperthy
    Sep 02 02:21 AM
    My Website
    The State of the IPO Market [view article]
    As far as the IPO market is concerned, we are at the bottom of a cycle. It shouldn’t be a big surprise that investors have little interest in IPOs. Even though the markets have enjoyed a modest rebound in recent weeks, they are still struggling. This are many examples of untold IPO failures in the recent days .

    Reply
  • commenter
    consumerguy
    Aug 27 05:41 PM
    Hedge Fund Tracking: Blue Ridge Capital (John Griffin) [view article]
    Keep in mind that many hedgies have "boxed" positions, meaning that reading the reported filings can send copycats in the wrong direction entirely. Take a position like BARE, NTRI or CROX. Most hedgies have been short these names - openly so in some cases. Just because Blue Ridge shows a long position in BARE doesn't mean it is net long. It could have an equal or larger short position in BARE. Sounds silly to many retail investors to be simultaneously long and short the same stock. Here's some reasons why to box a position: 1) show a long position; get better access to management, though you're really only researching a short. 2) getting stock borrow can be difficult for big short positions in heavily shorted names. Let's say you're short BARE and it plummets in value. You think it may rise again (to where you'd short it again) before going to even lower levels. You buy BARE long after the first decline while maintaining your short position (not "covering," but mathematically pretty similar, with the "carry" being the differentiator). When the stock rises again, you sell your long shares, effectively re-opening your short position. Back the old days of the Uptick Rule for shorting (only short sell on an uptick to avoid freefalls), this strategy also allowed hedgies to short by selling the long shares (no uptick rule) instead of struggling to short in a declining tape.
    I think the holdings still can give you a feel for what firms like Blue Ridge are involved in, but don't bet the filings are telling you in which direction they're betting.     Reply
  • commenter
    tuskagee
    Aug 25 11:14 AM
    Credit Makes the World Go 'Round [view article]
    It bears repeating: Visa is a transaction network. It does not issue credit. Visa debit cards are the new lingua franca of a cashless world. Reply
  • commenter
    irondoor91
    Aug 24 11:58 PM
    15 Value Hedge Funds - Portfolio Update [view article]
    Do some managers consistently buy shares for more than they are worth? If so, do they make money in the long term? Reply
  • commenter
    V Winner
    Aug 24 08:10 PM
    On Visa and Commodities: An Addendum [view article]
    If I may be so bold as to actually post about Visa :) , a gentleman named Anthony forwarded this to me. Great news regarding the DFS lawsuit-
    directly from the Visa Corporate Website:

    www.corporate.visa.com...

    Statement by Visa Inc. Regarding Summary Judgment Rulings in Discover Litigation


    SAN FRANCISCO, August 22, 2008 --


    "Visa is pleased that the court resolved several disputes in this case at this stage. Among other things, the court:



    Dismissed Discover's claims of debit monopolization against Visa; and
    Rejected Discover's allegations of an inter-association antitrust conspiracy between Visa and MasterCard.

    "As a consequence of these summary judgment rulings, Discover cannot challenge the legality of the agreements Visa has signed with its debit issuance partners. As such, it is unlikely the Discover litigation will have a significant impact on Visa's ongoing business operations.


    "In addition, the court granted collateral estoppel on a limited number of issues that were determined in an earlier, related lawsuit. This ruling, however, does not establish all the elements of Discover's claims. Discover must still prove the remaining elements of its case and any damages at the upcoming jury trial.


    "Visa believes it will be clear to a jury that it is Discover's own business model and decisions - not the actions of competitors - that have limited its options in the marketplace. Discover has been free to engage in bank issuing partnerships since 2004, but has yet to demonstrate that it can do so in a meaningful way.


    "Although we expect Discover will be unable to prove the level of damages that it seeks in this case, Visa remains committed to resolving legal challenges in a manner that allows us to remain focused on our business activities. To that end, as part of the Visa Inc. restructuring process, the company developed a retrospective responsibility plan that addresses potential liability in certain U.S. litigation ("covered litigation"), including the Discover case. Additional information regarding the company's retrospective responsibility plan is available in the company's Final Prospectus, dated March 18, 2008, at sec.gov.";

    Nice way to end the weekend, thanks Anthony-     Reply
  • commenter
    Fast Eddie
    Aug 22 04:47 PM
    General Discussion on V
    National City recently announced it was holding over $1,000,000,000 (1 Bil) in Visa stock, restricted for approx 3 years. Does anyone have any idea of the total number of shares or value of restricted stock that is floating around out there? Reply
  • commenter
    User 205610
    Aug 22 03:30 PM
    Hedge Fund Tracking: Lone Pine Capital (Steven Mandel) [view article]
    It's good that you are tracking these companies. Really saves time to quickly catch up on fund moves here. Reply
  • commenter
    KnightOwl195
    3
    Aug 22 07:56 AM
    On Visa and Commodities: An Addendum [view article]
    And one more thing. Anyone out there that takes the advice of anyone on these forums and loses money deserves what they got. Anyone investing solely on what anyone says has no business in the stock market. Stay with a money market. A serious investors needs to do their own research and base investments on what they know not what someone else says. So do your research and invest on what you know. No professional, no matter the experience, knowledge, and track record is always right. So if you make an investment on what others say and it goes bad, you deserve what you get. Reply
  • commenter
    KnightOwl195
    3
    Aug 22 07:49 AM
    On Visa and Commodities: An Addendum [view article]
    I have decided to move forward on this matter. We all have better things to do with our time. This is a forum about exchanging ideas. Some ideas will be disagreed by some. An author may be totally wrong about a topic. An author may also be toally right. The stock market is not an exact science. I have seen many so-called analysts on CNBC be totally wrong about a subject. But one thing they have and we all have is the right of free speech. So moving forward, we need to respect each others ideas no matter what. We all need to be professionals. But I give a warning to anybody out there that tries to deny someone, anyone from voicing their ideas. Me and many others on this Alpha forum will not tolerate bashers, disrescpect, and outright attacks. We have a force now and we will used it to the letter of the law to protect anyone that is harass in anyway. So let's be professionals. Thank you. Reply
  • commenter
    mrbill for V
    Aug 21 07:21 PM
    Why Visa Got Spanked [view article]
    Latest large holdings of ISA


    Institution
    The 10 Largest Institutional Investors Share Holdings Change in Share Holdings* Date Reported
    Fidelity Management & Research 24,777,683 3,956,955 4/30/08
    Marsico Capital Management, L.L.C. 10,343,050 266,705 4/30/08
    Atticus Capital, L.P. 7,799,500 7,799,500 3/31/08
    Viking Global Investors LP 6,712,000 6,712,000 3/31/08
    T. Rowe Price Associates, Inc. 6,419,500 -43,400 5/31/08
    Delaware Investments 5,365,690 5,365,690 3/31/08
    Shumway Capital Partners, L.L.C. 5,005,000 5,005,000 3/31/08
    Jennison Associates LLC 5,001,300 158,000 4/30/08
    MFS Investment Management 4,263,190 -1,558,760 4/30/08
    Davis Selected Advisers, L.P. 4,000,000 4,000,000 3/31/08
    Mutual Funds
    The 10 Mutual Funds with the largest holdings Share Holdings Change in Share Holdings* Date Reported
    Fidelity Contrafund 5,593,393 880,200 4/30/08
    Fidelity Growth Company Fund 4,264,100 2,900,000 4/30/08
    EQ/Marsico Focus Portfolio 3,269,251 3,269,251 3/31/08
    Columbia Marsico Focused Equities Fund 3,119,631 -401,685 4/30/08
    T. Rowe Price Growth Stock Fund 2,911,600 2,911,600 3/31/08
    Marsico Focus Fund 2,748,376 -407,972 4/30/08
    Harbor Capital Appreciation Fund 2,070,700 2,070,700 3/31/08
    Hartford Capital Appreciation Fund 2,066,100 -50,000 4/30/08
    Fidelity Magellan Fund 1,608,400 0 4/30/08
    T. Rowe Price Blue Chip Growth Fund 1,401,400 1,401,400 3/31     Reply
  • commenter
    mrbill for V
    Aug 21 05:22 PM
    On Visa and Commodities: An Addendum [view article]
    I rest my case in chief. Reply
  • commenter
    V Winner
    Aug 21 03:25 PM
    On Visa and Commodities: An Addendum [view article]
    First- let me say - THANK YOU ALL FOR THE ATTENTION!.

    I feel honored that so many people have taken an interest in me- the one and only V Winner! I would like to first thank my mother and father, my wife, friends, and associates. You have all helped me to reach such prominence on seeking alpha. Bravo! Oh- and before I forget - let me thank user 246127, 189906, and 172125 for your kind words and support.

    Ok- first- this has to be the funniest series of posts I have ever read on any finacial site or blog. I have had a chance to read all of these wonderful and nasty comments people have made about me- and really don't have anything to say about my detractors. I would comment as a general rule that your time would be better spent doing research and making investments than worrying about me (just an opinion).

    I would also like to say that I find it quite comical that people are complaining about me insulting people while simultaneously hurling personal attacks (seems sort of hypocritical).

    If anyone wants to know what I think about Visa (sort of the pupose of the Visa forum!)- I have a blog devoted to Visa:

    www.visawinners.com

    All of my opinions are on my blog (and I can assure you that I have been misquoted several times in the preceeding posts).

    We also have a few other blogs (linked to Visa Winners)- and my e-mail is on the site should any of you wish to hear directly from me. I love Visa- and feel it is a wonderful company.

    As far as some of the negative people - there are always going to be negative people consumed with envy, anger, frustration and despair. I feel pity for them and hope they are able to find success and happiness in their lives so that they may contribute something productive to society in general- and to investors in particular. This is the only thing I have ever tried to do with my blogs and sites and newsletters- and posts- and brokerage; help people to help them selves.

    I feel no animosity for those poor unfortunate souls (even those that falsify my identity- or produce fictitious e-mails or posts). As I've said- it is very simple to verify what I think or have thought just visit any of my blogs and its all there.

    Good luck to all of you invested in Visa- it is a wonderful company with a great future. Good luck to all on Seeking Alpha- friend of foe.

    Jon

    PS- THIS is the only post that represents my true feeling- you can dismiss any previous posts as someone else's as they are not mine!
    Also, as I don't have the endless time or energy (as some of these people seem to) this will be my ONE and ONLY response to this nonsense. As other gentleman so eloquently put it- GROW UP GUYS!     Reply
  • commenter
    WorldBeta
    Aug 21 03:13 PM
    My Website
    15 Value Hedge Funds - Portfolio Update [view article]
    valueinvestor123 & Jake2 - please visit my blog and read a few posts before making such statements.

    Fox - I simply picked 10 funds that have historically been considered value investors - and I define that as buying something for less than it is worth.

    User 164258 - you are correct and the glitch is fixed on my blog. . .
     Reply
  • commenter
    SkipinCA
    Aug 21 02:18 PM
    15 Value Hedge Funds - Portfolio Update [view article]
    I guess I am dumb like you. I think seeing what some pretty bright people are buying and selling is a pretty good place to get ideas to do my own research. It also provides a good benchmark to compare to my own portfolio.

    You should do some further research on whether Buffett sold COP. I saw another post that he, in fact, got an expemption from the SEC to not report is position in that stock. Therefore, it simply droppped from the list and not sold. Given that COP is pretty cheap compared to the rest and that he and Gates were up in Canada looking at oil sands, it seems unlikely that he just punched out of this position in one quarter     Reply
Loading...
Symbols:
Authors:
Quick Links: