)The top 100 stock
market authors
selected for publication in the last week
market authors
selected for publication in the last week
Hoser
»
Comments
» Single Comment
| 
-
The Seeking Alpha 100
See all
Seeking Alpha 100 » -
Fastest Climbers
Those with the largestSee all
increase in followers
in the last week
Fastest Climbers » -
Top Commenters
Top commenters,See all
as ranked by their peers
Top Commenters » -
Top Instabloggers
The 100 most activeSee all
Instabloggers.
Top Instabloggers » -
Top StockTalkers
TopSee all
StockTalkers.
Top StockTalkers »
-
Gimme a break.
Jun 12 15:28 pm
|Rating:
0
0
All Comments by Hoser »Visa: Why I Sold All of My Shares [View article]
This friggin' idiot dumps his stock after an 8% loss in a week? And what took him so long to get in, anyway? After kicking myself for not getting in on Google's and Mastercard's IPOs, I scraped up as much $$$ I could afford and got in the 1st day on Visa (175 shares at about $58). Even with this mild downturn, I'm sitting pretty and will probably buy more this week if it stays below $80 (25 shares maybe. I'm just a small investor without the last name of Kennedy or Bush). My sell point should be sometime early next year: when it hits $120 (so I've doubled my money) and it hits 1/3 of MA (Visa has something like 7 million shares, MA has 2.25 million. With a little extra as a margin because of Visa's dominance, I figure a 3:1 MA to Visa price ratio is about right and V may be overvalued if it goes above that. No hard numbers to back it up really, just my gut feeling).