Comments on: Visa (V) Breakout From Bullish Triangle

By: cbalascio

cbalascio — Sat, 05 Apr 2008 13:11:41 +0000

visa will be big, 4 times the company ma is visa on every debit card world wide.300 to 400 in two years.

By: Tate Dwinnell

Tate Dwinnell — Fri, 04 Apr 2008 22:11:38 +0000

I’d be careful and not assume that V will have the same kind of run that MA did. Remember, there was a fraction of the hype with MA than with V. Still like V for the long haul, but don’t think we’ll see the same kind of returns.

By: STAN

STAN — Fri, 04 Apr 2008 15:57:13 +0000

According to a report I saw on 04/03′s trading , there was a “Last Trade Volume” of 3,978,900 shares!!!!.If my arithematic is correct that’s in the neighborhood of $250 million dollars. Someone knows more than I but if he’s in it for that kind of bet, I’ve got to hang around to see the bidding. Can anyone expound on that trade number? Thanks. Stan

By: Amy

Amy — Fri, 04 Apr 2008 15:09:44 +0000

I did the same thing with MA, only I purchased the first group near closing of the IPO ($46). I cannot tell you how many times I bought and sold, but I made about $250,000 in profits. I have now begun a new relationship (lol) with V, starting min 1 of the IPO (seconary offering, I don’t pay brokers ever). I think about the what ifs had I just left my money in MA instead of getting in and out so much ( I would have $500,000 in profits). I am in for the long term play this time, several years, maybe even 10 or 20. Time will tell…

By: Andy

Andy — Fri, 04 Apr 2008 01:41:42 +0000

Nice article Tate. I have shares of VISA for long term play because of what MA has done. I’m on the same line of thinking as Dave also.

By: Tate Dwinnell

Tate Dwinnell — Thu, 03 Apr 2008 23:27:32 +0000

Nice on MA Dave.. looks like that may break soon too.

By: dave

dave — Thu, 03 Apr 2008 23:24:03 +0000

I bought MA at 50 sold at 64 rebought it back at 94 sold at 175, bought it back at 194 and holding. I feel that V is going to be the same way.