Now that the financial stations are saying earnings are being revised without giving specifics I'll bet they are being revised sout and thats the reason for the sell off today!!!!!!!!!!!!!!!!!!
Enjoy reading all the notes under this headline, but the trueth is V will beat the EST and stock price will rise to the $89-$92 levels.
It does not take much to predict Visa's revenues. Service revenues is % base. At the gas pump do you use Visa to pay for gas or CASH? The higher the gas prices the higher the service fees that Visa will get.....The same scenarios apply all finish goods.
Good luck ---- Keep the noise going, but careful with your money and investment....!!!
Interesting here because the numbers are being revised according to Bloomberg. If the numbers are being revised down then maybe its the bait and switch nonsense. Original number, then revised low number then final number somewhere in between and claim that the number is good. We'll know numbers soon and if they are up good and if they are down we'll be right back to the lows again. Our gas price here went down today .01. That kind of reduction does almost nothing to help drivers.
Answer this, do you actually believe the world is going to use less credit in the future? If you do, I have some Everglades property I'd like to show you. I have an option on it so I can sell it to idiots like you. :)
world no, USA yes. After this banking credit problem is cleaned up getting a home loan, auto, boat, or whatever loan is going to be a little harder resulting in less people getting credit. Does that mean V and MA will suffer, no I don't think so.