they've got to be a little nervous about that IPO, the way the banking/finance world is going right now..had they done it 6 months ago, i am sure it would have gone really well. Now i am not so sure.
"Obscenity is whatever gives the Judge an erection." -- Author Unknown
they've got to be a little nervous about that IPO, the way the banking/finance world is going right now..had they done it 6 months ago, i am sure it would have gone really well. Now i am not so sure.
It has so much hype its going to explode the first day though
Buying a company like at IPO is a lot more likely to turn bad than good. This isn't Google - it's a company that's tied directly into the American credit crisis.
Reason being Visa is a processor, they are like the middlemen more people swipe the more they make, they don't lend money or take on roles which American Express does of being a lender.
It will be very interesting to see what happens with this considering the current state of the US economy. However, I could see this being profitable no matter what over the next 5 years.
Comment