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Visa Inc. Message Board

  • fstout57 fstout57 Dec 28, 2010 2:39 PM Flag

    Something to think about

    Sorry if some think this has nothing to do with V, but I have been doing my own investing since 1987 and have learned alot. V has so many similarities to other billion dollar stocks with its huge price swings; I just thought I would mention a few. I have played PBR, GM, PFE, INTC, HAL, and DOW this year on bad earnings reports and bought these at a price I thought was reasonable. When I read all the messages from I assumed were shorts, there was nothing but negative posts on how the stock was going to crash. I paid $33.97 for PBR and it went down to $31.90. Did I freak and lose? No, I believed in the stock and sold later for a profit. The only one that I am even with and have not sold for a profit is PFE. I believe it is worth well over $18.00 and I am going to hold out for it. I know it will get there. What's the hurry? I am not always right but would have never been able to retire early without the stock market. Get in when the news is bad and cash out with a reasonable profit. I only like billion dollar companies, less of a risk, so yes V got hammered but just wait it out and make some money. Whatever. . .

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