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  • Visa Estimates Upped Through 2010 [View article]
    Well, what was going on in the 1980's don't account for much today.
    I remember banks were paying us over 20% APR interest in the 80's too!
    Obviously MA is the leader at this time. MA beat V to the stock market by a couple of years because they had their business in order.

    What happened to V-winner? He's on Visa like a silly little high school cheer leader. Go Visa Go!! Give me a V, Give me an I, etc etc.
    Just want to remind him that he said V would never see $75 again.
    V dipped to 74.36 on May 28.
    Wasn't he predicting 90 or 100 by end of May?


    On May 29 12:19 AM FormerBankca rder wrote:

    > You know, you can talk about technicals, P/E ratios, guidance and
    > such, and how value is in the eye of the beholder, but the bottom
    > line is still the bottom line. And it comes down to the fact that
    > Visa has eaten Mastercard's lunch for 20 years and will continue
    > to do so.
    >
    > One of a great many reasons is that Mastercard barely had a presence
    > overseas when Visa was well-established. I remember traveling around
    > Europe in the mid-eighties and nobody knew what a Mastercard was
    > unless you called it an Access card in England, other names elsewhere,
    > and acceptance was very poor, while Visa was known and readily accepted.
    > And so it goes...
    Jun 01 07:09 am |Rating: 0 0 |Link to Comment
  • Visa, MasterCard: A Chance to Profit as Markets Go Mad [View article]
    Hello V Winner,

    You say youve traded V 500 hundred times and made a fortune?
    Mind sharing your strategy of predicting the lows and highs and how to execute? Do you sit in front of the PC with your finger on the trigger or do you set stops and limits ahead of time? I still consider myself a beginner. I keep an eye on things best I can while working at my real job (or vise-versa sometimes).
    I've owned MA several times in the past couple of years and always able to ride for $30-40 gains. Mostly I wait for pullbacks and jump on for the ride up (if I'm Lucky). Hindsight wish I would have bought V 2 weeks ago when it was 65. I think MA reports good earnings tomorrow and pulls V up with it. I think I missed my chance with V.

    Funny you mention IPI, as I bought POT today on a pullback.
    Also bought AAPL last week on a pullback.

    I think good advice to the 21 year old to pick STRONG companies. But not so sure to point him at an IPO such as IPI. I could be talking out of line here as I havent done any homework IPI, but what I'm saying is that IPI hasn't been been proven on Wall Street. As for V, even though its an IPO, it's a nobrainer that its going nowhere but up.

    Apr 28 20:13 pm |Rating: 0 0 |Link to Comment
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