whos buying VISA tomorrow?
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"Obscenity is whatever gives the Judge an erection." -- Author UnknownComment
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yes better buy now before it goes higher..
i am up 17% now... when should i cash in? what is your strategy?"Obscenity is whatever gives the Judge an erection." -- Author UnknownComment
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nah.. i have a 401k retirement plan for that.. and besides i lost a lot of money in 2000 when the nasdaq crashed, but i learned one thing.
making money in stock is all about when you sell, not when you buy, you can have a stock worth $10k, but not until you actually sell the stock can you count on any gains.
the only stocks i held onto from 2000 were apple and sun micro, i sold apple since and made decent money on it, but was holding it for years showing a red number..."Obscenity is whatever gives the Judge an erection." -- Author UnknownComment
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you'd be a fool to cash out right now... they have big plans on pushing visa in other big countries such as china, russia, india, etc... they also got quarter earnings coming out on April 28, then there's Olympics sponsored by them, Visa Europe might merge after they settle... also they DON'T LEND any money, they are NOT affected by US recession that much, all they do is charge fees when you swipe your card, even during recession people need to buy gas, food, etc, etc... this is long term stock, it might not go to 100 right away, but it will get there over time, everywhere I read analysts predict 100 by new years... only thing i wish is that I should of bought moreComment
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For promo opps contact jfk at fubarwebmasters dot comComment
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Right now with Visa at $75/share, I think all the upside of a blowout quarter is already priced in. However, there are other dynamics at work with Visa. Since Visa has just recently gone public, some of Visa's biggest institutional share holders can not sell their stock yet. Therefore, the stock may go up for the simple reason that there is not enough supply to fill demand. Once that holding-period expires though, watch out. Visa will pull back huge. All of the biggest institutions and banks are dying to sell their positions in Visa. They all got in at the underwriter price of $44/share.Comment
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they are not dying to short it because it'll be at 100 by new years and they know it...Right now with Visa at $75/share, I think all the upside of a blowout quarter is already priced in. However, there are other dynamics at work with Visa. Since Visa has just recently gone public, some of Visa's biggest institutional share holders can not sell their stock yet. Therefore, the stock may go up for the simple reason that there is not enough supply to fill demand. Once that holding-period expires though, watch out. Visa will pull back huge. All of the biggest institutions and banks are dying to sell their positions in Visa. They all got in at the underwriter price of $44/share.Comment
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good/bad move ? or wait for it to dip ?
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