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MasterCard Incorporated Message Board

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  • no1matemary no1matemary Jul 27, 2008 12:10 PM Flag

    Query as to Why buy MA

    MA is definetly a buy before earnings because there will be a short squeeze starting on Monday. Others that have held to see how low MA could be taken down will also join in the buying opportunity. There is a lot of $$ on the sidelines and they will jump in this week. I bought some last week, but I was looking for the large volume to start before putting more in. When you add to your position when there is a short squeeze occurring, it stresses the stock price and the longs and it rises more. MA is a great company with global exposure and will also profit from the week dollar. Also there could always be a stock split annouced which will send the price higher. So listen to your advisor and get in soon. PS all the negative comments ou have read have been from people who will be having to cover their short positions next week. (OVER 8 million shares)

 
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