Visa (V) ---who owns it?

[howard]

Im in at 64 and HOLDING...Its 86 now....I say it will be up to $1000 a share by 2010. Thats 10 times or more. Im just a dumb moron. But Mastercard did it. went from $39 a share to $315 a share in 2 years since going public. went public in may 2006. Visa is bigger that mastercard. The furthur we go in time the less people use cash. Everyone charges everything. Can't wait to see the christmas numbers this year with how expensive gas it. I been shopping online forever as we all do here but every year the rest of the morons catch up. Its so much cheaper to shop online. 1+1 =2 and there isnt a safer get rich investment you can buy.

When i bought 2 weeks after being public yahoo reports showed 0% mutual ownership. 1 motnh ago it was 7%. Now its 16%. Even FIDELTY FAMILY OF FUNDS owns 1 billion or more worth of stock. These numbers will just grow and grow. Mutuals dont sell shares. They hold shares. Less shares available higher the price.

http://finance.yahoo.com/q/mh?s=V

Im 45 and been following a newsletter since late 80's. The same 1. They hold up to 12 stocks at a tome. This was there report on tues night

Visa (V) rallied 30% from its breakout to its peak, and then dropped
as much as 17% before finding support yesterday. We certainly feel
the pain when a holding suffers through such a decline, but
historically, this type of breakout-correction-support pattern is not
unusual. Moreover, we view V as a gauge of sorts for the overall
market; if this stock truly breaks down, then it's likely the market
is in trouble. So far, the action is acceptable

"Moreover, we view V as a gauge of sorts for the overall
market; if this stock truly breaks down, then it's likely the market
is in trouble. "

So, to be able to buy stock in a company that has no downside---they are not a bank--they make money per tranaction---they have 0 risk....

My thought is i am just an average guy and this is a way to get rich...

Mastercard did it.....Why wont VISA...

[PR_Sebas]

i can't believe i didnt get in on this... i just dont have that kind of income... i knew it would go up from $60 somethin... obviously... its VISA!

[howard]

Originally Posted by pornreviewsource

i can't believe i didnt get in on this... i just dont have that kind of income... i knew it would go up from $60 somethin... obviously... its VISA!

DONT BE STUPID...ITS NOT EARLY....Im gonna make this simple for you

check out any major public company thats sucessful....Been public several years...put in for price when stock was public for 60 days and look how much richer you would be now

you YOUNG peeps got to stop living like raps stars and invest smart...


were at point where its easier too make money off your money than bring in new cash...Its like we are back to early 90's....mid to late 90's nasdaq was 5k.....and its 2500 now....

real estate blows...time for cash back in stocks...

[ztik]

I been in from the start. Making a killing off it.

Going to hold for a few years atleast, maybe longer.

But yeah money is really ez right now. My portfolio is doubling every month.

[howard]

Originally Posted by ztik

I been in from the start. Making a killing off it.

Going to hold for a few years atleast, maybe longer.

But yeah money is really ez right now. My portfolio is doubling every month.

Considering there business model---nothing can be that drastic as far as bad news... unless mastercard gets killed for some reason and its just bascially impossible...


Other than terroist attack the market has already hit its bottom. ...there will be some peaks and valleys but long term its impossibleto lose based on HISTORY of the stock market

[adonthenet]

I own 100 Shares @ 87.44$ I wish I wait a lil bit longer then I would of bought it @ around 80$... But thats ok.. It will only go up ;)

[tehHinjew]

i had the chance to buy but i didnt i fucking hate myself

ill wait till the stock market crashes to buy a few g's worth

[maxjohan]

$1000 a share??

Dude, they made profits of $314 million.

And a market capacity of $83,3 Billion.

Now here is the magic:

Exxon Mobil:

Profits: $11.66 billion (last report)

On market capacity of $468.51 Billion.

Maybe you can flip for 2 years, but give it 10-years and I doubt it.

[SweetT]

<=====Bought on the open @ $58.10 ;)

Just wish I could have gotten the IPO price of $44, but I am happy at $58.10 ;)


--T

Edit: Still buying more, btw....will keep buying until it gets to $100 and then I will let it ride for a year or so ;)

[howard]

Originally Posted by SweetT

<=====Bought on the open @ $58.10 ;)

Just wish I could have gotten the IPO price of $44, but I am happy at $58.10 ;)


--T

Edit: Still buying more, btw....will keep buying until it gets to $100 and then I will let it ride for a year or so ;)

$100 by end of JUNE EASY....its back within a couple point to its old high of 89.91...

Once she cracks $90 you will see $100 in a matter of days....

market going down and V hitting mid 70's was a great new buy OPP....

[starpimps]

got it at 57.75 =P during the first day dip..then it shot back up 20 min later

[Casa Nova]

I wish I had the money to invest in stock like this haha I wish.

[qwe]

im in it from day one, been buying on every big dip... ... but fuck me I wanted to get 1000 shares at IPO price 44, but didn't pull the trigger, sonofabitch

btw, it will not touch 1000 I can guarantee you that, it'll be around 140-200 by 2010

[howard]

Originally Posted by qwe

im in it from day one, been buying on every big dip... ... but fuck me I wanted to get 1000 shares at IPO price 44, but didn't pull the trigger, sonofabitch

btw, it will not touch 1000 I can guarantee you that, it'll be around 140-200 by 2010

Ok..why is mastercard up 10x in 2 years?

[howard]

If you put $100,000 in mastercard stock, may of 2006, at present your value would be close to 1 million dollars.

The true way to make a killing is to keep buying shares as your profits increase and buy more on dips...

[qwe]

Originally Posted by howard

Ok..why is mastercard up 10x in 2 years?

man, so you invest but have no idea wtf you're investing in ?

because MA has 130.01Million shares, Visa has 1.08Billion shares according to Google finance... that's almost 7 times more shares

[Penthouse Tony]

You make a good point about gas. As prices go up less people have that much cash on them to pay in cash when they fill up.

[howard]

Originally Posted by SweetT

<=====Bought on the open @ $58.10 ;)

Just wish I could have gotten the IPO price of $44, but I am happy at $58.10 ;)


--T

Edit: Still buying more, btw....will keep buying until it gets to $100 and then I will let it ride for a year or so ;)

As far as stocks is it your biggest holding????

To me you owning is like fidelity funds owning it...You got a semi decent reputation as far as biz decisions LOL........

Im holding more of this stock than any I have owned in my life....Never been rich dude...and there is a lot of dumb lucky morons that have picked a stock and live in 7 figure homes now....I know i aint ever winning the lottery....but financially if I could go in a coma and wake up 5 years from now Ill bet I can retire From VISA....

[howard]

Originally Posted by qwe

man, so you invest but have no idea wtf you're investing in ?

because MA has 130.01Million shares, Visa has 1.08Billion shares according to Google finance... that's almost 7 times more shares

Its also a popularity contest. Thats right. I said it. People buy names...Visa is also doing a HUGE INTERNATIONAL campiagn with the olympics.. Christmas is coming...I here what your saying...

Now here me...DO the research...


Look at any succesful stock . Check out price when it public 60 days...Then look at price 2-3 years from then.

just common sense dude based on history of succesful public companies...

[howard]

Originally Posted by qwe

man, so you invest but have no idea wtf you're investing in ?

because MA has 130.01Million shares, Visa has 1.08Billion shares according to Google finance... that's almost 7 times more shares

In 1 point you are correct dude. I am a flaming idiot. I am definetly the dumbest technical peep in this industry. But, I happen to be really good at math......LOL....sometimes you can know too much....Im just a dumb moron who is following trends....

[howard]

Originally Posted by Sagi_AFF

You make a good point about gas. As prices go up less people have that much cash on them to pay in cash when they fill up.

Sagi...the man with brains...hope things are well...

Thats true but not my point...55% percent of people pay for gas with CC. That will definetly go up...

Point is commen sense says its so expensive to go out---go shopping---go anywhere---cheapest place to be is home---when you order on line you use no gas-----this year as every year has been christmas online shoppers get bigger numbers every year. Can you imagine this year...Everyone will figure out --BUY ONLINE---how do you pay CREDIT CARDS

[qwe]

Originally Posted by howard

In 1 point you are correct dude. I am a flaming idiot. I am definetly the dumbest technical peep in this industry. But, I happen to be really good at math......LOL....sometimes you can know too much....Im just a dumb moron who is following trends....

i'm not saying you're an idiot, but you gatta look at the information given... 7 times more shares then MA is HUGE, you can't say because MA went 9x then V will do the same, it doesn't work like that... if you look at it, MA at $300 a share is cheaper now then V at $85 a share... I own alot of shares of Visa too, but I am realistic about it... once they pass Olympics, pass few more earning reports and beating them out of the water, join with Visa Europe, pay dividends, buy back 300mill shares ONLY THEN it might hit 200-400, you're out of your mind if you think it's going to 1000

[JP-pornshooter]

i got in on the first day even though it went up so fast only the "insiders" got the IPO cost, but i think my buy was around 60 or high 50's, dont matter too much as this stock will go higher and higher, then split, go higher go higher, split again.. right now i am up 50&#37; on it ;)

[howard]

Originally Posted by qwe

i'm not saying you're an idiot, but you gatta look at the information given... 7 times more shares then MA is HUGE, you can't say because MA went 9x then V will do the same, it doesn't work like that... if you look at it, MA at $300 a share is cheaper now then V at $85 a share... I own alot of shares of Visa too, but I am realistic about it... once they pass Olympics, pass few more earning reports and beating them out of the water, join with Visa Europe, pay dividends, buy back 300mill shares ONLY THEN it might hit 200-400, you're out of your mind if you think it's going to 1000

Not sure how you are...not sure if you invested in early 90's......but I believe we are entering the same period.....

Bought new contruction in 1991 and sold at 10&#37; in 1998......bought a townhouse before that and owned for 3 years and lost money on it. we are living through same times...

People with cash made FORTUNES in 90's.... So many companies went up 20-30 times original value in a few years...You couldn't pick a bad stock...And the LEADERS were the IPO'S

REAL ESTATE AND STOCK MARKET are 100% opposites

[Agent 488]

some analysts say the cc industry is going to pop next year like the mortgage industry did this year - most of their loans are junk with no hope of repayment - i assume they went public to cash out before the crash ...

[starpimps]

Originally Posted by budsbabes

some analysts say the cc industry is going to pop next year like the mortgage industry did this year - most of their loans are junk with no hope of repayment - i assume they went public to cash out before the crash ...

visa just issues the cards etc and not the loans, i dont think they are going to crash at all.

[qwe]

Originally Posted by budsbabes

some analysts say the cc industry is going to pop next year like the mortgage industry did this year - most of their loans are junk with no hope of repayment - i assume they went public to cash out before the crash ...

gatta love people who have no idea about the stock and talk like they know wtf they're talking about... Visa and MA DOESN'T LOAN ANY money, they just take fees for every transaction !!! if somebody charges back, or doesn't pay money banks handle that, NOT cc companies...

[howard]

Originally Posted by budsbabes

some analysts say the cc industry is going to pop next year like the mortgage industry did this year - most of their loans are junk with no hope of repayment - i assume they went public to cash out before the crash ...

DUDE..sorry but your cluless. Mastercard and Visa are nit Banks.. They just earn per tranactions. They have 0 risk.

[SweetT]

Originally Posted by howard

As far as stocks is it your biggest holding????

To me you owning is like fidelity funds owning it...You got a semi decent reputation as far as biz decisions LOL........

Im holding more of this stock than any I have owned in my life....Never been rich dude...and there is a lot of dumb lucky morons that have picked a stock and live in 7 figure homes now....I know i aint ever winning the lottery....but financially if I could go in a coma and wake up 5 years from now Ill bet I can retire From VISA....

Yes, and no. I own some FUNDS that are larger....but no single stock. Of course, for full disclosure, I got out of the stock market completely about a year ago and have recently started back into it slowly.

I have never claimed to be an expert in the field....but if it makes you feel any better, I manage my fathers life savings (it is actually less money than my house, but it is all he worked for all of his life and I am intent on not fucking it up) but when I bought V originally I did not buy for him because I was afraid of him losing anything on it. I spent about 15% of his holdings on it today and that is saying a lot. I have been averaging a conservative 5-7% on his stuff because I would not take any chances...but today I went out on a limb because I still think it will be at least $150 by the end of the year.


--T

[SweetT]

Here is my take on the industry as a whole. As long as the market does not crash altogether then I think V will be OK. If the entire market crashes, so too will Visa....but if we end up in a full blown recession or even a depression, Visa and MC should be alive and kicking. The worse the economy is, the more people will rely on CCs and the more they use their CCs the more money V makes.

What most people do not realize is that Visa has no risk. They do not loan any money and they have no incentive to collect any bad debts. The funny thing is they get paid no matter what. When you buy something on Visa, they get a cut. When you pay your bill, they get a cut. If you pay your bill late, they get a bigger cut. If you get an over-the-limit fee, they get a cut of that, too. Hell, if you file bankruptcy and only pay PART of the bill, they still get a cut. Everything to them is a transaction. No matter what, Visa gets a cut of the money. You gotta love a great business model. ;)


--T

[howard]

Originally Posted by SweetT

Here is my take on the industry as a whole. As long as the market does not crash altogether then I think V will be OK. If the entire market crashes, so too will Visa....but if we end up in a full blown recession or even a depression, Visa and MC should be alive and kicking. The worse the economy is, the more people will rely on CCs and the more they use their CCs the more money V makes.

What most people do not realize is that Visa has no risk. They do not loan any money and they have no incentive to collect any bad debts. The funny thing is they get paid no matter what. When you buy something on Visa, they get a cut. When you pay your bill, they get a cut. If you pay your bill late, they get a bigger cut. If you get an over-the-limit fee, they get a cut of that, too. Hell, if you file bankruptcy and only pay PART of the bill, they still get a cut. Everything to them is a transaction. No matter what, Visa gets a cut of the money. You gotta love a great business model. ;)


--T

Nice to know my man...Im about 15% myself..and not nervous at all..Cabot-- my market letter-- pretty much said exactly what you did...

"Moreover, we view V as a gauge of sorts for the overall
market; if this stock truly breaks down, then it's likely the market
is in trouble. "

As you stated were past the bottom. Cabots prediction is as the market advances V will be the leader...and i have seens cabots picks go up 10 fold before.

[howard]

btw--T--if your intrested shoot me an email and Ill reply with Cabots last couple market letters...They are out of Boston, on cnbc quite a bit and I been using them since last 80s. They only hold up to 12 stocks at a time. Divesified with energy, credit, tech, china stocks...

[howard]

Originally Posted by SweetT

Here is my take on the industry as a whole. As long as the market does not crash altogether then I think V will be OK. If the entire market crashes, so too will Visa....but if we end up in a full blown recession or even a depression, Visa and MC should be alive and kicking. The worse the economy is, the more people will rely on CCs and the more they use their CCs the more money V makes.

What most people do not realize is that Visa has no risk. They do not loan any money and they have no incentive to collect any bad debts. The funny thing is they get paid no matter what. When you buy something on Visa, they get a cut. When you pay your bill, they get a cut. If you pay your bill late, they get a bigger cut. If you get an over-the-limit fee, they get a cut of that, too. Hell, if you file bankruptcy and only pay PART of the bill, they still get a cut. Everything to them is a transaction. No matter what, Visa gets a cut of the money. You gotta love a great business model. ;)


--T

When I read this all I think of is Ray Liotta telling the story of how strong the MOB is during GOODFELLAS...

"FUCK YOU PAY ME"

basically, its visa business model.....accept its 100% legal....

[Violetta]

wish I went in when it got public!!

[howard]

Originally Posted by Rockatansky

wish I went in when it got public!!

dont be shortsigted....its only 60 days into being public...buy and HOLDDDDDDDDDDD

[advokat]

Iv got it at 89$ a share , i should waited for the drip but its raising right now