re: Visa getting roughed up today?

The easy answer is selling/shorting. Why? Could be any number of reasons. It's a stock that has a steady climb for years and some could be getting a huge profit. And maybe they'll get back in once the Fed ruling becomes clearer. Some could see the ruling as a catalyst for other markets to create the same rules. But Big is right: the overseas growth potential is real. Also, European consumers have cut back on credit spending much like the US did during the recession. That will turn soon. All Visa does is make money when you use one of their cards to spend money. They have very little costs associated with their "service". As long as they stay ahead of the curve: ncf, strong in new markets, etc., the sky is the limit.

ETA: Order filled.