stevenhmiller

7 Comments

    • ON: Wed Jul 2nd 15:38 PM
      Commented on:
      Pair Trade Visa and Capital One
      Definitely old news...I don't understand why these guys reguritate the same thing over and over again. Can't be creative and write something original?
      View article »
    • ON: Thu Jun 12th 10:44 AM
      Commented on:
      Visa: Why I Sold All of My Shares
      You held it for a whole week? Wow, what balls (I say this tongue-in-cheek)! You're the type of person that buys high and sells low and then cries to his mommy about how horrible the market is being to him!

      In case you haven't noticed, THE WHOLE MARKET IS GETTING BEATEN UP!!! Visa is not being singled out. Visa is a world leader in transaction processing for plastic money and has no exposure to the credit crisis or any of that crap. They are simply a tollbooth for purchases made with a piece of plastic bearing their logo. they collect a transaction fee from the bank issuing the card! They do not extend credit. They are a long term buy-to-hold scenario that will make it's investors very wealthy. They will be reporting exceptional earnings quater-after-quarter! Why? Because nearly everyone in the world (except 3rd world countries maybe) has either a Visa credit card or Visa debit card, and they use it! More and more, people are pulling out the plastic to pay for items. It's convenient, and quick. Watch out for a blockbuster earnings report for the quarter filed just after the Olympics!

      Sure, Visa will take it's beatings, like every stock out there. But, smart people stick and hold it. Look at MAstercard trading at 300 level, and it's not anywhere near as big as Visa. They don't even have nearly the quantity and quality of products Visa offers! No body does!

      So, to buy 70 whole shares, hold it for a week and sell is absolute stupidity! I would be embarrased to write an article for the whole world to see that touts that! You're an embarrasment to investors with a brain and a little common sense.

      Hey, why don't you go buy 1 or 2 shares of Ebay? It's at a rockbottom price now! Becareful, it may fall .10 cents and then you'll sell and go crying to your mommy again!
      View article »
    • ON: Sat May 31st 09:26 AM
      Commented on:
      Visa: Trading Transparency
      Trde04 - When you ask what we think about options on V, what are you really asking? There are so many options strategies, it'll make your head spin! Options are very risky and such should be well thought out before playing them. I like to think of them as a wasting asset. If they stay out of the money too long, they waste away in value. As time goes on, intrinsic value declines. If you are not careful, you could lose your whole investment in them!

      My advise is to play them conservatively, and only with money you can afford to lose. If you turn out a winner on them, great, but be prepared to lose some too! I've made plenty but I've also lost quite a bit playing options.
      View article »
    • ON: Fri May 30th 22:46 PM
      Commented on:
      Visa: Trading Transparency
      Yes, we all start out somewhere. I started investing back in 1979 with $100 out of my first paycheck when I worked on Wall Street. That was one of the happiest days of my life. I actually felt like I owned something and was going to be an investor. I've had my ups and downs. I've made millions and lost hundreds of thousands. I've also sat and procrastinated only to watch a perfect opportunity just slip away. The best strategy is to be in it for the long term, and to make extra money to supplement, you should look into selling covered calls. Be careful on that though. You could make a lot of money, but you could also cap your profit! I usually go 1 month out on the covered calls and pick a strike price that I don't think likely to be reached and wait for expiration. If the price of the stock drops enough, I'll buy back the calls and wait for it to go back up and sell them all over again! I'm long 10,000 shares of V now and plan to add another 20,000 in the next week. I believe it's going to hit 90 in June and just go up from there. Sure, there will be dips where profit taking takes place, but stick with it and buy on the dips.

      Have fun with it, think long term and don't fear the plunges. Visa isn't a dot-com so it's not going bye-bye overnight and will only grow stronger!
      View article »
    • ON: Mon Mar 10th 13:49 PM
      Commented on:
      Will the iPhone Become the First True Mobile Internet Device?
      One word...FLASH. lacking that at this point knocks you right out from being a true Internet device.
      View article »
    • ON: Mon Mar 10th 13:41 PM
      Commented on:
      Apple Grows a 'Developer Ecosystem'
      Most programmers develop on the Windows platform. An SDK that is ported to those programmers would yield a greater number of apps. Tools for developing Apple appications are limited compared to developer tools on the Windows platform. Why not be able develop your apps on either with a test interface on both platforms? Seems like Apple would do a heck of a lot better and reach a lot more programmers that are intrigued with the iPhone, but are Windows opinionated.
      View article »
    • ON: Mon Mar 10th 08:57 AM
      Commented on:
      McCartney and Apple Ink Deal To Bring Beatles to iTunes - Report
      The Beatles are still relevant?
      View article »
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