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What's up with Visa?

Posted on 1/17/14 at 1:44 pm
Posted by PelicanPoop
New Orleans
Member since Oct 2013
583 posts
Posted on 1/17/14 at 1:44 pm
Rocketed since lunch, now up 4%. I don't see any big news.
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 1/17/14 at 1:47 pm to
quote:

What's up with Visa?
Rocketed since lunch, now up 4%. I don't see any big news.
Well, my wife left the house around lunch time to go to the Mall, so......
Posted by PelicanPoop
New Orleans
Member since Oct 2013
583 posts
Posted on 1/17/14 at 1:47 pm to
Posted by ynlvr
Rocket City
Member since Feb 2009
4583 posts
Posted on 1/17/14 at 1:48 pm to
Touche'
Posted by reb13
Member since May 2010
10905 posts
Posted on 1/17/14 at 2:06 pm to
Amex killed it today
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89483 posts
Posted on 1/17/14 at 2:09 pm to
quote:

Rocketed since lunch, now up 4%. I don't see any big news.


It's been hella good for months now, brah.

Heck, I should have bought more when it was under $185.
Posted by ynlvr
Rocket City
Member since Feb 2009
4583 posts
Posted on 1/17/14 at 2:41 pm to
quote:

Amex killed it today


Ding! Ding! Ding!
Posted by Teddy Ruxpin
Member since Oct 2006
39555 posts
Posted on 1/17/14 at 2:50 pm to
They do seem to be the only issuer. Tough as hell to get a Mastercard from any one.

Got 6 credit cards this past year. 4 were Visas, one Amex and one Mastercard.

To be fair, 3 of the CC's were from Chase, which Visa has a stranglehold on for being on their cards.
This post was edited on 1/17/14 at 2:51 pm
Posted by ulsaint
Member since Oct 2007
2460 posts
Posted on 3/28/14 at 3:28 pm to
Thoughts on this Wal Mart lawsuit? V and MA on a downtrend lately.
Posted by ell_13
Member since Apr 2013
84947 posts
Posted on 3/28/14 at 3:38 pm to
quote:

V and MA on a downtrend lately.
ORLY?
Posted by TheIndulger
Member since Sep 2011
19239 posts
Posted on 3/28/14 at 3:45 pm to
quote:

Got 6 credit cards this past year




That wasn't the emoticon I was trying for but it's good enough
This post was edited on 3/28/14 at 3:47 pm
Posted by LSUneaux
NOLA
Member since Mar 2014
4486 posts
Posted on 3/28/14 at 11:37 pm to
Well I know one day's losses (Thursday?) was because Putin said Russia will create its own credit system without V or MA.
Posted by LSUneaux
NOLA
Member since Mar 2014
4486 posts
Posted on 4/4/14 at 12:07 pm to
Bump.

Same question applies. Wtf is going on with Visa? It's been bleeding far longer than a chick.
Posted by Bear Is Dead
Monroe
Member since Nov 2007
4696 posts
Posted on 4/4/14 at 1:22 pm to
Short term overreaction to the Wal Mart suit.
Posted by ulsaint
Member since Oct 2007
2460 posts
Posted on 4/7/14 at 9:34 pm to
I hope the bleeding has stopped. V and MA along with my growth stocks are killing me the last week.
Posted by LSUneaux
NOLA
Member since Mar 2014
4486 posts
Posted on 4/8/14 at 9:38 am to
I'm 31. I've decided to embrace bear markets and not worry about them. If the Great Recession instead happened today, I would stand to make a lot of money from all the buying opportunities. That said, I don't want another GR as millions lost their job including me. But young people should see a slump and double down.
Posted by LSUneaux
NOLA
Member since Mar 2014
4486 posts
Posted on 4/11/14 at 1:16 pm to
Sub-$200. Great buy for long term holding as the first world uses less cash.

Waiting for AMZN to go sub-$300.
Posted by ell_13
Member since Apr 2013
84947 posts
Posted on 4/11/14 at 1:23 pm to
Yep. I got in as low as $175. My average cost is $181 and I'm still buying as it goes down.
Posted by LSUneaux
NOLA
Member since Mar 2014
4486 posts
Posted on 4/11/14 at 1:39 pm to
V - I bought 6 shares at $217, but I'm not disappointed. If anything I'll get better fractions of share at next dividend even with their crappy yield.

Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89483 posts
Posted on 4/11/14 at 1:42 pm to
I got out yesterday before the big drop - I must be psychic.
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