Hmmmm...I wonder what the insiders that recently bought their own company's stock were thinking about!
They were thinking IMHO,because they have "inside" knowledge...."we're going to get richer if we invest in our own company,because we know what we have planned for VISA and we know how much new business our company is going to get and we know what dividends we're going to pay and we know how much our profits are going to soar and we know how much our costs to churn out billions in revenue are going to come down and we know what new technologies we're going to come out with to further encourage merchants to accept VISA because its going to get "safer" with less fraud and the banks are going to give away even more points to encourage VISA use,especially when they cant "tease" their clients with ultra low interest rates and jack up the rates later etc,etc,etc...."
Check out major insider sales for ISRG between 80 and 100$ back in 2006 and early 2007. The stock went up to 350$ right after these insiders sold. Do you think they did not know their own company? It's not only about knowing your own company but also about knowing how the market will react and nobody knows that for sure.
Think of your OWN head. Don't listen to those who sold their shares when V was $75.0 and now are in great regression.
Visa is much more stronger than Master Card. Master card had started stocks trading 2 years ago with half than Visa's market capital. Besides, you should know better that Master Card is not accepted everyewhere in the world in comparison to Visa.
IN SHORT: VISA IS A BRAND, VISA IS THE LIFE STYLE, VISA CARD IS NECESSARY EVERYWHERE as other credit cards.
Conclusion: No matter how down Visa goes tomorrow or next week, Visa will reach to the level of Master card within One year.So, visa will never tank. It may fall in Turubulence zone sometimes though.
"Visa will reach to the level of Master card within One year."
This statement is ridiculous. V already surpassed MA in market capitalization. Don't you know how stocks are valued? V just won't trade up to $300 because MA did. A fool and his money will soon part ways.
YANK and JAILER. You clowns share the same cell and seconds.
they actually beat the street earnings dum a ss es. thats what i don't understand about idiots like you, if you want to gamble on a stock then do some research. lazy f u ck ers.