Trust me, I am a super long when it comes to MA but this other post where they discuss Amex settlement writedown putting a crimp on MA earnings (where MA will actually take one time charge and announce possibly negative earnings) had me worried. Has this been baked in? What is your perspective on this? I am especially curious on Kiskisa's perspective given he has followed MA for a long long time and knows the stock movements quite well.
Since IPO, i made over 250k with MA. I love to play earnings with MA due to huge moves mostly up in past. I think MA addition to SP500 is huge. This credit crisis and weak dollar will play big when it comes to transaction number going up and currency exchange will help MA.
I think NOW it would be right time for MA to split or even increase the dividend. (now that they are added to SP500) Be on the look out for one of these two.
I also play MA long term as well, but I will put my 16k (well its house money - made with MA last earnings) on a short term upside move.
20pts move up in MA stock and i double the money (make 16k), while 20pts move down i lose half (lose 8k). Not that bad of the deal if you ask me!
Lets hope they do well and some good news comes our way!
Good luck to you all,
KISA KISA and I made tons of money wtih MA from JUNE last year until today. I think me and him kept buying at 120 and 130 before it went back to 200+..then we kept buying at 200 and it went to 300.
I think, MA is about to test 300 range again and then by year end possible go to 350-360 range (if it doesnt split)