Seeking Alpha

V 4 Me » Comments |

Sort by:
Latest | Highest rated
  • Visa: Why I Sold All of My Shares  [View article]
    Oh, by the way as prices of everyday life increase, more people use credit/debit instead of cash so they don't have to carry so much cash. And as oil prices go up, guess what, nobody pays with cash at the pump. And when people have less money to spend like in our current economy, they use credit to get them through. Visa cards will be transacted in good times and in bad, and the number of transactions literally goes up daily and is expected to until all of us are a lot older.

    Do you use cash? Probably not. Nobody under age 30 uses cash ever, age group 30-50 uses almost no cash especially when times are tough, and the oldies use cash to buy the outdated newspaper (sorry Dad) haha

    According to Visa in 12-18 months the majority of Visa's transactions will come from countries outside of the US. There are literally 6 billion people in the world who are just learning of a Visa card (except in Europe where it already widely used)
    Jun 12 11:14 am |Rating: 0 0 |Link to Comment
  • Visa: Why I Sold All of My Shares  [View article]
    The article writer says he was concerned about the bad news V has been getting. I'm assuming he is talking about the litigation against V by Discover card, and also the "Credit Card Fair Fee Act of 2008" in Congress. To deal with Discover V has 3 billion set aside from its IPO to pay them off. Discover is suing Visa due to anticompetive practices, which in reality the suit should be stating just how good Visa is and Discover can't keep up. Visa has a flawless business model making more money every day and forecast to earn more for years to come. Everyone likes to challenge the "Silverback" in the group and Visas dominance is just being made public now which the smartest investors are learning and jumping on-board.

    Also, the legislation going to Congress now aims to reduce the transaction fees cards process, but this will not hurt Visa. It will mostly hurt the banks who get much more of the transaction fee than Visa does. The government doesn't want to hurt the banks, so don't expect that legislation to pass, and if it did it's going to be trival to Visa who dominates the world transacting market.

    The founders and majority owners of Visa are very lucky and smart people to have come up with a company that is literally the future of money, us investors in V will only benefit, some of us greatly.

    By the way, V is the coolest stock ticker symbol ever, buy it just based on that haha
    Jun 12 11:06 am |Rating: 0 0 |Link to Comment
  • Visa: Why I Sold All of My Shares  [View article]
    Go to visaglobalwinners.blog... for those who are bullish on Visa and to join a group of prominent investors who trade as little as 100 V to many thousands.
    Jun 12 09:25 am |Rating: 0 0 |Link to Comment
  • Visa: Why I Sold All of My Shares  [View article]
    I understand having an 8% loss as part of the system you stick to when trading, but nobody thinks V will stay in the 70s for long. Look for 90 by the end of June, 100 by the end of August/early September after the next earnings report and 115 by the end of the year. This stock should be a 4 bagger (4XIPO=176 by this time next year) and trading at 750 or split equivalent by 10 years. It's a long play and V is the present and future of money transaction in the whole world. Just look do some basic research and you can figure that out...who do you know that doesn't have a Visa card?
    Jun 12 09:21 am |Rating: 0 0 |Link to Comment
Comments by Ticker
V 4 Me's
Comments Stats
4 comments
Rating: 0 (0 - 0 )