ChuckXX

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  • BofA downgrades credit card names  [View news story]
    For long term investors its a good entry point.
    Feb 11, 2016. 10:48 AM | 7 Likes Like |Link to Comment
  • Don't Miss This Visa Dip  [View article]
    I've got a good one for you folks. On Monday when the market was selling off I had an order in at 66.05 to buy more Visa. The low for the day was 66.30. Iam still "kicking myself" that I didn't change the order to get it filled. Who knows we may never see 66 again.
    Feb 10, 2016. 07:14 PM | 1 Like Like |Link to Comment
  • Visa Inc.: Cash Is King, But Credit's Good Too  [View article]
    Tes39; In regards to your comment what you should do is ask yourself "just how long do I plan to own Visa stock". As for me my goal is another 10 years. If you plan on owning Visa atleast 5 years or hopefully even longer that 76 price tag is just fine. On the other hand if you can only afford to own it another 6 to 12 months then you probably shouldn't be in it. Just my 2 cents. Visa is my very largest position and I have been an avid investor for over 40 years now. Its truly one of the greatest companys on the planet.
    Feb 8, 2016. 10:33 AM | 1 Like Like |Link to Comment
  • Visa Inc.: Cash Is King, But Credit's Good Too  [View article]
    According to "IBES/FIRST CALL" estimates they have 2018 coming in at $3.92 not $3.82. But just setting that aside for a second my bigger concern is this thing called "BlockChain Technology". Anyone who has a big position in Visa like myself as well as my friend Bahamas1 have to continue to keep their ears to the ground as this technology unfolds over the years. Iam more concerned about this than anything out there. Visa is my very largest position by a pretty wide margin. They recently have signed up some really "Major New Accounts". Costco, Sams, USAA, Fidelity, Egyptian Government just to name some of the big acquistions of late. ONE THING that does bother me is the "lack of insider buying". You just never see any. Long Visa. Very "GOOD ARTICLE".
    Feb 7, 2016. 10:09 AM | Likes Like |Link to Comment
  • MasterCard: This Doesnt Happen Very Often  [View article]
    Thank You very much "Horowitzcpa". If I can ever help you in anyway let me know. Take Care.
    Feb 4, 2016. 02:50 PM | Likes Like |Link to Comment
  • Facebook: Buying On Pullbacks Is Not A Brilliant Idea  [View article]
    I look closely at the earnings estimates for 16,17, and 18. They are up sharply every single year. This is a rock solid company to own for the next 5 years.
    Feb 4, 2016. 01:06 PM | 10 Likes Like |Link to Comment
  • MasterCard: Price And Earnings Performance  [View article]
    I would feel a whole lot better about "MA" my 2nd largest holding if they were to land some really Big Mega Accounts like Visa has been doing. As you may know Visa recently landed some really huge accounts such as Costco, USAA, Sams Clubs, and Fidelity Mutual Funds. Those are very large feathers in the hat compared to JetBlue. As far as China goes that will be "years down the road" before it has a "meaningful impact". Plus Visa has been invited in as well. Like I said "MA" is my 2nd largest holding but I would like to see more "Big Landings" from them. They did sign up a very large bank in Canada recently that really didn't get any press for some reason. I listen to all the conference calls and would advise others to do so as well.
    Feb 3, 2016. 04:28 PM | 3 Likes Like |Link to Comment
  • Starbucks Prices $500 Million of Senior Notes  [View article]
    It boggles my mind that someone would tie their money up for 5 years for a pathetic 2.10% yield. You have to remember that it is a "taxable bond" and then you have to factor in "inflation". Makes no sense.
    Feb 2, 2016. 05:10 PM | Likes Like |Link to Comment
  • Facebook: Here's How To Monetize WhatsApp  [View article]
    To "Westend 511"; I read your last paragraph twice as it sparked my interest. Do you see that as a prelude to something that could eventually put Visa and Mastercard out of business?????
    Feb 2, 2016. 02:49 PM | Likes Like |Link to Comment
  • Fund Manager: Facebook's Valuation Is 'Impossible To Sustain'  [View article]
    Here's the way folks should be looking at FB. First of all the earnings estimates for 17 and 18 have really been increased alot. For 17 the analyists are projecting $4.12 and for 18 they have earnings coming in at $5.40. Last year they had just under 18 Billion in gross revenues and the Morningstar Analyist says that by 2022 FB will be doing over 50 Billion in revenues. As far as "What problem do they solve"???? My answer is "Tell the 1.5 Billion regular users to no longer go to their FB account and just go somewhere else to communicate with your friends and family". Ha-Good Luck with that one!!!!!!!!!!!!!! Some people just can't see the forest for the trees.
    Feb 2, 2016. 09:21 AM | 2 Likes Like |Link to Comment
  • WhatsApp joins the billion users club  [View news story]
    22 Billion divided by 14 people. Iam in the wrong business.
    Feb 2, 2016. 09:12 AM | 2 Likes Like |Link to Comment
  • New Preferred Stock IPOs, January 2016  [View article]
    Why are Bank of America and Citigroup only rated BB+??? I would think as big as they are and as rock solid as they are they would have a much higher rating from S&P.
    Feb 2, 2016. 09:09 AM | Likes Like |Link to Comment
  • Facebook Stock: Buy On The Pullback  [View article]
    Morningstar analyist is predicting over 50 Billion in revenues by 2022. They had just under 18 Billion last year. The analyists are all "raising their estimates. 17=$4.12 and 18=$5.40. As long as they can hit their numbers the stock will continue to move north.
    Feb 1, 2016. 01:44 PM | 4 Likes Like |Link to Comment
  • MasterCard: This Doesnt Happen Very Often  [View article]
    John; You know absolutely nothing about my finances and how Iam structured in my portfolio. So your comment is without any merit.
    Jan 30, 2016. 11:10 AM | 1 Like Like |Link to Comment
  • MasterCard: This Doesnt Happen Very Often  [View article]
    Hi Horowitzcpa; When Visa landed the USAA account it was right in the Visa email to me that Mastercard who lost the account was getting 26 Billion dollars annually in gross revenues. I don't know how that translates to the "bottom line" as they did not elaborate. Hope this helps a little. More importantly Visa has been landing some really "huge accounts" over the last year. Thank You for you question and take care.
    Jan 30, 2016. 11:09 AM | 2 Likes Like |Link to Comment
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