VISA stock, anyone buy it? - Chicagoland Sportbikes
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post #1 of 10 (permalink) Old 03-20-2008, 10:19 PM Thread Starter
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VISA stock, anyone buy it?

VISA's IPO opened the other day and in two day's is up 20% or so.

So who bought some?

I did but only 1K worth.

Jon
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post #2 of 10 (permalink) Old 03-21-2008, 05:09 AM
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I'll wait for a dip. With the markets nature lately, I expect a down 300 day sometime next week.

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post #3 of 10 (permalink) Old 03-21-2008, 07:00 AM Thread Starter
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Wait all you want. Master card came out little over a year ago at 33 per share and is now over 200 per.

I know I should have brought that one. kicking myself now.

Jon
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post #4 of 10 (permalink) Old 03-21-2008, 07:16 AM
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I did...5 large. I remember what happened with MC

Sometimes goodbye is your second chance.
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post #5 of 10 (permalink) Old 03-21-2008, 07:41 AM
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dont hold off...people said the same thing about google...and its price is NUTS

...plus my gf was with me saying "omg slow down, slow down" and I was thinking "Lose annoying squalk box in passenger seat, afford more mods and have less weight in the car and on the back of the bike"...so i dumped her and I'm single again as usual...HERE KITTY KITTY!!!
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post #6 of 10 (permalink) Old 03-21-2008, 08:11 AM
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I bought 25 shares. After looking at what MC did I figured it was worth it, or at least worth the risk.

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post #7 of 10 (permalink) Old 03-21-2008, 09:13 AM
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I already owned the bank which owned 10% of Visa. Their stock was up 15% the day after Visa's offer. This would of been the cheapest way to ride the increase. I'm sure Visa will will at least rival MC but they have already released more shares on to the market.

This was posted prior to the IPO.

https://www.chicagolandsportbikes.com...light=visa+IPO
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post #8 of 10 (permalink) Old 03-21-2008, 11:45 AM
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If one was to buy some: 1. where to go to purchase
2. 500-1000 worth it
3. Too late now
4. For a rookie rate 1-10 risk (return / loss)

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post #9 of 10 (permalink) Old 03-21-2008, 01:09 PM
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I find commission eats up too much on small purchases - UNLESS you are dollar cost averaging for years. For $1k I'd rather buy calls/puts so at least I'm leveraging more $$.

S.John check out scottrade.

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post #10 of 10 (permalink) Old 03-21-2008, 05:52 PM Thread Starter
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Just get in before it hit 70 per.

Jon
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