so?
visa is not a lender. they process transactions.

Its not good idea buying on the first day as many ppl will try to pump and dump

:1orglaugh

buy it in next few days, when its going to drop little bit

but it worth long term investment, double money for sure in next few years.

it's not a penny stock from china... even people who got it at 44$ will hold on, because why sell it at 60 if you can sell it at 100 in a year

Next couple of days will be interesting to see how it levels out cause I know traders who shorted visa made it come down to 56 and change.

i got in at 57 so ill stick around for a while see what happens

Take a look at MasterCard Incorporated Stock Profile see if there any money issues.

That is true but has little effect on VISA. What does help VISA is that people when short on money run up their credit card bills and VISA processes those transactions.

A lot of the people that already are past that stage and in money trouble have already maxed out their cards and where not using them even months ago so they are not going to factor into a revenue loss for VISA. VISA also gets paid when you use your debit card that has a VISA logo on it.

Unlike AMEX and Discover Card, VISA has no liability from people defaulting on their VISA card bill. The bank issuing the card is the entity that suffers on a defaulted acct.

hehe, congrads to the winners :thumbsup:pimp ..im thinking to pick up even more at 71 if it'll drop down tomorow, this is going high...it was interesting reading all the posts second time -)

wait till earnings will come out , it might drop or go up. if it will drop i will buy alot.

its at 75.5 in after hours... damn, tomorrow and Monday will be interesting

Its at 72 i knew it :)