Visa Ipo

[tripods68]

I don't typically get very excited on one stock. But this one is a keeper.

Get ready guys...just bought V @ 59.9 a share. I will prolly buy more in the coming months just to my share to 100. This is a great investment long term guys. When MA (MasterCard) went public back in 2006 their share shot up as high in $250+ per share down now $210s but still great investment considering, VISA has the bigger share of the pie. I'm hoping this could be another like Google type run up. I've taken some losses to sell Garmin stocks to buy VISA which I hope to make it up---I just hope VISA won't "bitch slap" me the way Garmin did to me the last few months of trading.

Start buying while its HOT HOT HOT!!! Here what they say:

"Analysts also say that Visa is on solid financial footing and has what it takes to deliver steady earnings growth. Even though a quarter of its revenues come from only five banks that could at any time terminate their relationship with the card issuer, Visa is still the number one brand in credit cards. It commands more market share than MasterCard, American Express (AXP, Fortune 500) and Discover Financial Services (DFS) combined. It is growing at about 11% a year, and should see 18% growth outside of the United States through 2012"

[Broken Arrow]

Speculations tend to run high in the opening of any IPO, but especially a lucrative one such as this....

I'm tempted to say that if you're going to buy, wait until a little bit after the opening, when the frenzy has stopped.

[Skooby]

Originally Posted by Broken Arrow

Speculations tend to run high in the opening of any IPO, but especially a lucrative one such as this....

I'm tempted to say that if you're going to buy, wait until a little bit after the opening, when the frenzy has stopped.

How long is a little bit? I want to get in on this one...

[Skooby]

Wow...59 a share. I thought they said it was gonna be 35-40 a share.

[LuxLiving]

ummm, tripod, who is the 'they' in they say...???

[tripods68]

The stock went up as high to 69 and went back down again now 58.00. The quote came from Business, financial, personal finance news - CNNMoney

Again, this is a long term view. The public couldn't buy this share until today i think. Whether you get in at 60 or 58, you need to jump on this now...before its takes off like google. So get em while its hot!

[tripods68]

Visa shares leap 35% as record IPO debuts - MarketWatch

[Broken Arrow]

Originally Posted by Skooby

How long is a little bit? I want to get in on this one...

I'm sorry, but I don't have a time frame... but it could move fast, sometimes as little as 24 hours... but it could also take up to weeks, maybe months. Market timing is just really difficult to do....

If it was up to me, I would try to derive a fair market value, and place a buy order based on that. Right now, the stock is shooting up though....

So, feel free to ignore my original comment.

[Skooby]

Ahhhhhhhhhh, I don't know what to do lol.

I'm with sharebuilder, so if I wait til Tuesday for their 4 dollar buy, who knows what it'll be by then. Could be in the 80s. Sharebuilder do have a one time buy, it's kinda high though at almost 10 bucks.

[jc3900]

Sorry, but you guys should give me some evidence before you anounce this as the best IPO ever. Phrases like "its the next google" and "get it while its hot hot hot" make me wonder if you guys even know what you are buying. Firstly, anyone who bought today, excluding investment bankers, paid near 60 and not 44. Second, what is the pe ratio on this puppy. How cheap is it given the projected growth. Give me some more stats than just sayin it is the next google. This could be a homerun play, but give the reasons why visa is going out of the park

[Broken Arrow]

Originally Posted by Skooby

Ahhhhhhhhhh, I don't know what to do lol.

I'm with sharebuilder, so if I wait til Tuesday for their 4 dollar buy, who knows what it'll be by then. Could be in the 80s. Sharebuilder do have a one time buy, it's kinda high though at almost 10 bucks.

Ah sharebuilder, right. Well, here's my bottom line anyway: If you want it, just buy it. If not, avoid, move on, and maybe revisit later.

I just took a look at its ticker and, wow, that sure is something.... I think that opening frenzy has already occurred and past, before 10am! Judging from the technicals for the rest of the day, it appears to have stabilized.... Then again, that's based only on one day.

And since it's past, I don't think it's worth $10 for a quick buy now (since what you're hoping to do then is to buy somewhere during that massive initial dip).

As always please take what I say with a very large grain of salt. It's not advice or anything. It's just the opinions of some guy on the internet out there.

[Broken Arrow]

Originally Posted by jc3900

Sorry, but you guys should give me some evidence before you anounce this as the best IPO ever. Phrases like "its the next google" and "get it while its hot hot hot" make me wonder if you guys even know what you are buying. Firstly, anyone who bought today, excluding investment bankers, paid near 60 and not 44. Second, what is the pe ratio on this puppy. How cheap is it given the projected growth. Give me some more stats than just sayin it is the next google. This could be a homerun play, but give the reasons why visa is going out of the park

Harsh words, jc... but not without merit. With stocks, it would be best to do the best research you can and find a fair market value, and base your purchase decision on that. It would be best not to get swept up by the rest of the market frenzy.

[LuxLiving]

I've been watching and reading about this IPO for a month or three and while I do think it will ride up I don't necessarily think I have to grab hold of the brass ring on it's maiden voyage into the world. If it shakes out in a few days or weeks or heck even a month or two down the road as still looking promising then I may buy in. I'm with whomever was saying your touting it as 'hot hot hot' and 'the next google' makes me believe you are investing based on what might seem a hot tip. Do your due diligence and if it is going to be profitable for you, there is no necessity to be the one to ride a crazy emotional roller coaster up and down till things smooth out.

If you are a daytrader, go for it. Otherwise if you are a long term investor, take your time and study the fundamentals, then buy when the time is ripe, not at the rantings of 'buy now or lose forever cry when 'THEY' say they see the start of a new bud on the market-makers money tree.

Like B.A. I'm just some random investor who hopes it does make a lot of people a lot of money. Just remember it also rides on the backs of a lot of folks who are overextended and possibly on the way down the current financial drain.

Yep, I ALMOST consider it a sin or vice stock.

YMMV! Just my two cents.

[tripods68]

Buying stocks is not for everyone...and yes you must do your own research first before investing. Don't take my word. This is a HOT IPO since Google. I didn't made this up guys! Read the articles and about this company.

If I lose, I lose few thousand. But if I win, I win BIG! Remember GOOGLE!

Buyer Beware!

There I said my piece

[jc3900]

Does anyone know the pe ratio. I know someone said above that there is a 11% growth rate. What about the earnings though, the stock is at 56.5.

[tripods68]

I read it to be around 30 PE @ 58.

[Taribor]

You can't compare this to MC's IPO as visa came out with far more shares/higher market cap, so don't expect this to quadruple in two years like MC. FYI, MC's PE is 17.6.

It was tentative to price at 38-42 but wound up at 44; by the time it hit the little guys, it was 65. I bought 5k at 58, and it closed at 56 and change.

Morningstar valued it at 74 I believe (that is from memory so forgive me if wrong) with 56 *i think* as the target price for a buy.


I'll admit that I took a gamble on the price, but I knew that going in. I know there are some lawsuits out there and amex is gaining, but Visa has nice growth on little expenses, and with the transition to debit cards, etc., this should be less (not immune, but less) affected by recession hopefully than my other holdings. It's a 2-3 year hold for me so I don't have many concerns.

[Merch]

Tripod,

I would start look at putting in some trailing stocks. Protect those profits.

Taribor - I agree with you on the MC.

Just general advice, always set trailing stops on your trading position. Protect the profit.


As Jess Livermore would say “Remember that stocks are never too high for you to begin buying or too low to begin selling. But after the initial transaction, don’t make a second unless the first shows you a profit. Wait and watch.” If you don't know who he is, he made $100 million in the crash of 1929 and lost everything not once but thrice.

[tripods68]

Thanks Merch,

I don't know yet the percentage of trails stop i should put...any idea. I have a long view on this stock so even if it goes down 10 or 15% i'm fine with it. So far the the stock is up 5%.

It looks like there is strong demand for VISA shares.
UPDATE 1-Visa sells additional $1.8 billion of IPO shares | Markets | Markets News | Reuters

[tripods68]

The latest update:

VISA up today 13.89% Closed @ 64.35

Last Trade: 64.35
Trade Time: 4:03PM ET
Change: 7.85 (13.89%)
Prev Close: 56.50
Open: 58.40
Bid: N/A
Ask: N/A
1y Target Est: N/A
Day's Range: 57.50 - 65.00
52wk Range: 55.00 - 69.00
Volume: 49,651,936
Avg Vol (3m): 177,074,000
Market Cap: N/A
P/E (ttm): N/A
EPS (ttm): N/A
Div & Yield: N/A (N/A)