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re: Visa getting roughed up today?

Posted on 9/20/13 at 1:21 pm to
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89462 posts
Posted on 9/20/13 at 1:21 pm to
quote:

Spot on Ace


I got in at about 183 and change. Wish I could have bought more.
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26573 posts
Posted on 9/20/13 at 2:40 pm to
I got in at $180 and just sold at $195.
Posted by Cousin
The Bayou
Member since Feb 2012
5272 posts
Posted on 9/20/13 at 7:26 pm to
quote:

11.22% for me. Glad I happened to click the thread when I did.


nice

I guess it's safe to say that we all came out winners??? but I'm not selling, I am holding long.
This post was edited on 9/20/13 at 7:27 pm
Posted by RunningBlake
Member since Aug 2011
4105 posts
Posted on 9/20/13 at 9:37 pm to
quote:

I am holding long.


Thanks MB. Up about 11%
Posted by donRANDOMnumbers
Hub City
Member since Nov 2006
16899 posts
Posted on 9/20/13 at 9:56 pm to
In at 177. Holding long
Posted by kennypowers816
New Orleans
Member since Jan 2010
2443 posts
Posted on 12/19/13 at 9:28 am to
Up to 217 today. Been on a nice run since that dip in August.
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89462 posts
Posted on 12/19/13 at 9:31 am to
quote:

Up to 217 today. Been on a nice run since that dip in August.


I'm happy with my +$34 a share.
Posted by kennypowers816
New Orleans
Member since Jan 2010
2443 posts
Posted on 12/19/13 at 10:52 am to
quote:

I'm happy with my +$34 a share.


Agreed. I got in at 183 as well so I'm pretty happy myself.
Posted by nelatf
NELA
Member since Jan 2011
2296 posts
Posted on 12/19/13 at 11:20 am to
This and KMB have performed well for me recently - time to sell!!
Posted by PelicanPoop
New Orleans
Member since Oct 2013
583 posts
Posted on 12/19/13 at 12:02 pm to
quote:

Ace midnight: I'm fairly new, too, especially single stocks, but I'm a quick learner. What V does is act as a toll road for consumption. Now, global consumption could go down in another recession (if we're even clear of the last one), and hurt a little, but there are only about 175 million online shoppers right now - that is expected to expand to 350 to 400 million over the next 10 years and could top 1 billion in 25. Many of those people are not born yet or do not have credit cards. The sky is the limit for V. The company makes money and does not carry consumer debt. People are already talking about a post-currency world. How do you think business will be conducted? V has the lion's share of the credit card business, and handles transactions in every currency, every language and every country on Earth.


All great points. I will probably make this my next purchase, and you just reinforced why it's a good idea. The key to everything in investing is to learn about history, and figure out where the world is going. If you've got a handle on the future, then you have a leg up in stock picking. "Post-currency world", "only x amount of people use CC", "Internet growth". Those are all buzz words that are important.
Posted by Jake88
Member since Apr 2005
68004 posts
Posted on 12/19/13 at 12:41 pm to
Got in on Aug 1st at 175.51 and bought more Dec 10th at 200.81 and now thats up 8%.

Is there a Money Talk award for most helpful thread, because this one has to be a contender.
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89462 posts
Posted on 12/19/13 at 12:44 pm to
quote:

If you've got a handle on the future, then you have a leg up in stock picking. "Post-currency world", "only x amount of people use CC", "Internet growth". Those are all buzz words that are important.


That's why I'm long in it, for sure.

However, on the buy side, it was ridiculously underpriced at $183 to $185 - how a blind man couldn't see that it was worth about $200 at the end of the summer, is beyond me. And that was a conservative S&P report. I'm not a genius - I just "looked" at it.

Posted by saintforlife1
Member since Jul 2012
1321 posts
Posted on 12/19/13 at 12:53 pm to
quote:

Is there a Money Talk award for most helpful thread, because this one has to be a contender.

BigFella should receive the award. He was a Visa fan. I went with his other favorite, PM, but that stock went nowhere. I wished I had got on the Visa train too.

Where is BigFella by the way? I haven't seen him post in a while. Dude had some good investing tips for people who wanted to be conservative long-term dividend stock investors.
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89462 posts
Posted on 12/19/13 at 12:55 pm to
quote:

I went with his other favorite, PM, but that stock went nowhere. I wished I had got on the Visa train too.


I'm in PM, too. I've got my average price down with a few strategic buy/sells, but it is a long, long play. They're going to be rebuilding next year. The dividend alone, makes it a decent long position, as the stock drops, the yield goes up and you get more shares. I'm buying it for the dividend income in 20 year, more than any hope of it skyrocketing (although it has a lot of upside in the international cigarette market).

Not nearly as good of a value as V was over the summer, though - not even in the same conversation.
Posted by PelicanPoop
New Orleans
Member since Oct 2013
583 posts
Posted on 12/19/13 at 11:11 pm to
Why do you like Visa over MasterCard?

unrelated to the question but MA will be doing a 10:1 stock split and increasing its dividend by 83% to $1.10/share.
This post was edited on 12/19/13 at 11:12 pm
Posted by PelicanPoop
New Orleans
Member since Oct 2013
583 posts
Posted on 12/23/13 at 9:40 am to
Just jumped on the bandwagon with 6 shares. Here's to a cashless society future.
Posted by donRANDOMnumbers
Hub City
Member since Nov 2006
16899 posts
Posted on 12/23/13 at 9:45 am to
i just searched the thread to bring it back up. glad i hopped in when it popped a while back.
Posted by RunningBlake
Member since Aug 2011
4105 posts
Posted on 12/23/13 at 10:15 am to

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