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#1 (permalink) |
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Super Moderator
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I've been watching Visa since the IPO. I wouldn't expect it to go out of the mid $60-$68 range for a while. I think it has found it's hold area. If you got in on the IPO, good, if not and you bought in the aftermarket, hold on to it for a while. I think it has room to grow, but it wont see astronomical gains like mastercard had. Not any time soon that is. I think in the long run it will be a good stock to add to a diverse portfolio.
Last edited by getnick; 04-04-2008 at 04:37 PM. |
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#6 (permalink) |
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Administrator
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InvestorsLive Blog » Blog Archive » Visa IPO to follow the success of MA?
good post there about trending vs mastercard |
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#7 (permalink) | ||
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Super Moderator
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Quote:
Quote:
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#12 (permalink) |
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Super Moderator
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what a return. i'm a firm believer that if this was not released during a strong recession, it wouldn't have these types of gains.
consumers are investing in the credit markets right now. and for good reason. i would elaborate, but it would take about 3 hours. haha |
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#15 (permalink) |
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Super Moderator
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mastercard is going crazy too. but it's hard to get many shares when the price is so high. same with google jumping $90/share in one day. it's easy to say that you can gain a lot, but how many shares of a $430 stock can an individual buy? 100 shares is going to run you nearly $45k. that much assets into one stock is a huge gamble. putting all your eggs in one basket, so to speak.
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#23 (permalink) |
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Administrator
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i think it's more to do with the dollar.
oil spiked becuase the dollar sank again against the eruo. with it, stocks bounced up. the dow as a whole is way up today because of the bad dollar news |
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