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Toula
Kentucky Fan
504
Member since Dec 2006
27248 posts

re: Visa getting roughed up today?


You can't worry about share price, it's about percent growth.

My 5 shares of Apple have netted me more dollars than any of my other stocks that I have 25-100 of over the past two months.






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Lsut81
USA Fan
Member since Jun 2005
61450 posts

re: Visa getting roughed up today?


frick, my internet has been jacked up at the office most of the day. Just got it back and see that it went as low as 170

Missed opportunity






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ThaBigFella
LSU Fan
baton rouge
Member since Apr 2006
2043 posts

re: Visa getting roughed up today?


Really will probably be back to $190 very soon, hell PSX missed earnings this morning fell from $59 to $56.99 and is now $61.25 AFTER missing earnings haha Visa smashed earnings last week, this is really a silly sell off the market is beyond irrational at times

it's down 7% for the day at the moment,that is just ridiculous for a large $150B+ company growing by leaps and bounds, I don't care what restrictions are placed in the United States, the bulk of Visa's growth is abroad anyways, truly unwarranted.



This post was edited on 7/31 at 2:42 pm


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Lsut81
USA Fan
Member since Jun 2005
61450 posts

re: Visa getting roughed up today?


quote:

Really will probably be back to $190 very soon,


I don't have the cash on hand to buy like you big guys do, but I may put in an order and grab a few shares.

Closed at 178






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ynlvr
LSU Fan
Baton Rouge
Member since Feb 2009
779 posts

re: Visa getting roughed up today?


Closed at $177.01





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Lsut81
USA Fan
Member since Jun 2005
61450 posts

re: Visa getting roughed up today?


quote:

Closed at $177.01


Shit, my ticker was way behind... fricking internet.

Now showing 177






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RickAstley
LSU Fan
Reno, Nevada
Member since May 2011
1550 posts

re: Visa getting roughed up today?


Has everyone on the MT bought into Visa? Just reading this thread, I feel like one of the only posters with no Visa stock to his name.





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ell_13
USA Fan
Alex Box
Member since Apr 2013
16784 posts

re: Visa getting roughed up today?


I got some. And if you have any decent domestic mutual funds, you probably have some too.





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ThaBigFella
LSU Fan
baton rouge
Member since Apr 2006
2043 posts

re: Visa getting roughed up today?


Put it this was it was $194 this morning and none of the companies fundamentals have changed. It's still growing like crazy this is just a blip on the way to $200 soon





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LSUtigerME
LSU Fan
Walker, LA
Member since Oct 2012
455 posts

re: Visa getting roughed up today?


I don't own any either. It seems like a decent buy, but for a dividend growth stock, it has a high buy-in.

If I had some more cash laying around, I might put some in on the down-tick. I just don't have enough right now to dump into it.






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LSUTOM07
LSU Fan
Baton Rouge
Member since Dec 2011
431 posts

re: Visa getting roughed up today?


I picked up some at 178. Only 6 shares but it's a start.





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ThaBigFella
LSU Fan
baton rouge
Member since Apr 2006
2043 posts

re: Visa getting roughed up today?


Nice call tom, you will be happy in a few months.Im willing to bank on it going to back to $190 soon. I actually sold september $190 puts for $14.90 today, that would be a steal to get the shares for $190 + basically a $14.90 dividend in 2 months.





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ulsaint
Member since Oct 2007
276 posts

re: Visa getting roughed up today?


I got in 10 shares at $178 on the upswing before it dropped back down. Annoyed I missed it when it went to $170.

Mastercard actually went up on earnings today. Wouldn't it be impacted the same as Visa? Weird.







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ThaBigFella
LSU Fan
baton rouge
Member since Apr 2006
2043 posts

re: Visa getting roughed up today?


mastercard doesnt have the debit card exposure of visa.....that's why visa was hammered. I honestly think anything under $190 is a steal, visa initiated a share buyback the other day while the shares were at $190 and if Visa didn't mind buying its own stock at $190 you should LOVE to buy it at $177. I personally think itll be back to $185 in the next day or 2, it's too solid a company with too strong a balance sheet and phenomenal growth prospects to fall to 10% off where it was when it mashed earnings again last week. It was $194 this morning!!! Nothing changed besides this one ruling which probably will be appealed and im sure tied up in all kinds of appeals for a long time.

Honestly if retailers don't like Visa's fees, they are free to accept cash only. I know 90% of my sales are credit cards and I could imagine switching to cash only would bankrupt me, so i just suck it up as a cost of doing business, visa is not the bad guy, the retailers crying like little bitches have the option of not accepting credit cards, it's such a joke how we've become such a nation of whiners and we sue when we're unhappy.



This post was edited on 7/31 at 7:23 pm


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Lsut81
USA Fan
Member since Jun 2005
61450 posts

re: Visa getting roughed up today?


Is it dumb to only buy in for like 10 or so shares???

What's their dividend look like usually?






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ThaBigFella
LSU Fan
baton rouge
Member since Apr 2006
2043 posts

re: Visa getting roughed up today?


It's not dumb at all, the visa growth story is just beginning, with 20% of the modern world using credit cards and growing. Visa is poised for insane growth in the coming years and combined with inflation resulting in higher percentages charged for them, the growth of the world's largest credit card company is seriously going to be epic and their earnings results recently just cemented that.......in my opinion, but im biased bc I see just how much money I pay in CC fees every month at my stores.

10 shares of coca cola in 1973 would be worth about $38,500 today and be 960 shares after all splits and dividends reinvested.....just checked on my phone app real quick....so no it's never silly to buy just 10 shares.



This post was edited on 7/31 at 7:42 pm


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Cousin
LSU Fan
The Bayou
Member since Feb 2012
4430 posts

re: Visa getting roughed up today?


quote:

Is it dumb to only buy in for like 10 or so shares???


I put in an order to by 5 so if 10 is considered dumb then what does that make me.....

I only own 7 of XOM...I figured I am just starting out and I will purchase more over time.






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LSUBrad5277
LSU Fan
North Louisiana
Member since Jan 2011
12059 posts

re: Visa getting roughed up today?


Dumb question here but what firms or sites are y'all using when purchasing/selling





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Cousin
LSU Fan
The Bayou
Member since Feb 2012
4430 posts

re: Visa getting roughed up today?


Scottrade for me. To be honest, I really don't think it matter's for just buying/selling stocks. I have been doing most of my research on Yahoo Finance so I really could have gone with a broker that has a lesser commission. Mine is $7/trade


This post was edited on 7/31 at 8:22 pm


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wheelr
Lafayette
Member since Jul 2012
1106 posts

re: Visa getting roughed up today?


Scottrade for me as well. I use it along with Google Finance and Yahoo Finance for research and news. ST seemed to be one of the most recommended brokers when I was searching for one. If you want I'll get you a referral code and we can each get a few free trades.

quote:

Is it dumb to only buy in for like 10 or so shares???



I got in V today with only 7 shares. Figure it is better than nothing though I wish I had more in my account to throw at it right now.






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