No problem BA--I'll invite you for some beers if I could
I for one believe VISA has great fundamentals and I have some very compelling reasoning if you look at this stock beyond the "hype". VISA has No debt, except litigation settlement cost, and collect fees on transaction costs. So long everyone uses VISA to swipe their cards in making purchases, they are making money no matter what the condition of the economy. When you all SWIPE your VISA card (debit, or credit card) you all contributing to the success of company. Why the big run? Many feels it's undervalued and lots of speculation what ought to be the price target. Some analysts views VISA is worth at least $100 per share. It's simply trying to get there and perhaps it might capitulate back down. That's what trailing stops is there for. Most of VISAs revenues on 1st quarter came outside the US. They had 1 trillion transactions in the first quarter and about 400 million originated in the US and has a market share around 65%. I could be wrong on this analysis, but you asked earlier what we know about this stock that you don't. I just told you.
CHEERS!!!