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Visa IPO

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  1. StnColdKillr StnColdKillr is offline

    Chicago, IL
    United States

    Posts: 1,310
    Joined: Feb 06

    Feb 26th, 2008 (2/26/2008 11:16pm)

    i would suggest you get this. Mastercard (MA) came out in May of '06 and in one year it jumped 100 points. I understand that the economy is not what it was a year and a half ago, but Visa (V) is a much bigger and better company. shares are gonna be priced on march 13th, so i would suggest you call your local broker and make arrangements now.

    its a 17 billion dollar IPO...one of the largest in history. the price range is $35-$42/shr.
  2. LDM LDM is offline

    Gallatin, TN
    United States

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    Feb 26th, 2008 (2/26/2008 11:24pm) in reply to StnColdKillr

    i don't recommend anyone buy single stocks.

    i'd rather buy a fund that purchases some financial sector.
  3. Braaak Braaak is offline

    Skillman, NJ
    United States

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    Feb 26th, 2008 (2/26/2008 11:29pm) in reply to StnColdKillr

    pls stop
  4. emcee21 emcee21 is offline

    Orlando, FL
    United States

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    Feb 26th, 2008 (2/26/2008 11:30pm) in reply to LDM

    blue horseshoe loves visa.
  5. ronkend ronkend is offline

    Bosnia and Herzegovina

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    Feb 26th, 2008 (2/26/2008 11:37pm) in reply to Braaak

    IMO this will make the google IPO look like a joke. VISA is a company that takes on 0 risk, and its user base is constantly expanding. This is easily a 500% move upwards within the first 6 months, if not sooner. Also I heard the range is going to be 18-23?? Can OP confirm or deny? really doesn't matter what it is, I'm willing to put all my $$ to work in this stock.

    EDIT***** just read the release that came out today...range is going to be $37-$42. Unless you have a major account with one of the big brokers us regular folk won't be able to get the stock for less than $100..
  6. Luckypizza Luckypizza is offline

    Greensburg, KY
    United States

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    Feb 26th, 2008 (2/26/2008 11:48pm) in reply to ronkend

    I highly doubt that it will spike from 42 to 100 at open. Just put in a limit order preopen for $1 more than the open price. Sounds like an intereting IPO. Keep in mind that small business' maintain some high balances on credit and when the minimum wage thread puts them under Visa will get stiffed bigtime.
  7. kornkid kornkid is offline

    Tampa, FL
    United States

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    Feb 26th, 2008 (2/26/2008 11:51pm) in reply to ronkend

    ^^^^^^^ since when do regular folk get any part of an IPO
  8. Luckypizza Luckypizza is offline

    Greensburg, KY
    United States

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    Feb 26th, 2008 (2/26/2008 11:56pm) in reply to kornkid

    The day the stock goes public, anyone can buy it. I got in on Dominos IPO and the damn thing dropped the first two days. I would have been better off to have waited and bought in on the second day like anyone else.
  9. ronkend ronkend is offline

    Bosnia and Herzegovina

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    Feb 27th, 2008 (2/27/2008 12:17am) in reply to Luckypizza

    ^^^^^^^^^^^^^^
    untrue sir. Yea anyone can buy it, but all the shares are held by the big firms at IPO, thus driving up the price. basic economic principles show that the price will jump, especially with a stock as hot as Visa.
  10. dank773 dank773 is offline

    Chicago, IL
    United States

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    Feb 27th, 2008 (2/27/2008 12:30am) in reply to ronkend

    Umm, why does anyone think this is a good idea? After all of the mortgage problems of the past year, all of the signs point to huge credit card delinquencies. I know the banks are the lenders and Visa is the processor, but pretty soon you're going to be hearing the words "consumer credit" as much as we now hear "sub prime."
  11. skankmofo skankmofo is offline

    Chicago, IL
    United States

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    Feb 27th, 2008 (2/27/2008 12:49am) in reply to ronkend

    IPOs are USUALLY underpriced, not always. I highly doubt this stock will jump to 100 quickly...if that's the case VISA is phenomenally stupid for leaving so much money on the table. At $42 this is a P/E of 27, which factors in a lot of growth...they are not a new company like Google with large potential for rapid growth. They are much more mature, though still growing at a very good pace, but not at any pace that would justify a 60+ P/E.
  12. djones148 djones148 is offline

    Laguna Niguel, CA
    United States

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    Feb 27th, 2008 (2/27/2008 12:52am) in reply to StnColdKillr

    Mastercard rose so much because it came out very undervalued. The opposite could happen this time because its getting so much attention due to Mastercard's success.
  13. Luckypizza Luckypizza is offline

    Greensburg, KY
    United States

    Posts: 840
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    Feb 27th, 2008 (2/27/2008 12:52am) in reply to ronkend

    The range is determined by the interest of large financial customers, in this case the range was what, 37-42? That means the stock will open that day somewhere around there and then it depends on the public as to wether or not it goes up or down on opening day. The first big buyers got in a lot cheaper that 37 already, but at this point the opening estimate is what it is.
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