Help

pman1972 > Trade Notes

User Avatar
Brokerage Account

Member since: Feb 08

Groups

Favorite Links

pman1972: Trade Notes

View All pman1972's Trade Notes | View All Trade Notes

Trade

Bought V at 65.25

pman1972 posted on 03/24/08 at 04:54 AM (Note posted about 7 hours after the trade)
Trades | Notes | Blogs
Users Bought (30 Days) 8 (100%)
Users Sold (30 Days) 0 (0%)
Market Cap 37.60B
52-Week High 81.97
52-Week Low 41.78
10 Day Volume 6.06M
P/E 25.78
EPS (Trailing 12 Mos.) 3.23
1Day 5Day 1Mo 3Mo 6Mo 1Yr

Transaction: Bought
Symbol: V
Quantity: Not Shared
Price: $65.25
Value: $Not Shared.
Stop Order: No @ $N/A
Target Price: $0.00
Had to do it.  If this thing shows half the performance of MasterCard, I'll be a happy person.
Share This! Report

Posted by pman1972 on 03/24/08 at 04:54 AM

Tag It | 1 user tagged it: V, stock, buy

Comments

User Avatar
User Avatar Brokerage Account

kingpin

Member since: Feb 08
Trades Not Shared
Trade Notes 0
Blog Posts 0
kingpin
Posted March 24, 2008 (04:23PM)
sure sounds great. just too expensive. i am waiting for options to be offered on this stock.
Quote Report
User Avatar
User Avatar Brokerage Account

pman1972

Member since: Feb 08
Trades 369
Trade Notes 66
Blog Posts 0
Sr. Systems Analyst
Age: 30's
Woodbridge, VA
pman1972
Posted March 24, 2008 (04:26PM)
i'm totally with you.  when it hits, i'll look into doing a covered option.
Quote Report
User Avatar
User Avatar Trader Network Account

lifeisgrand

Member since: May 08
Trades Not Shared
Trade Notes 0
Blog Posts 0
lifeisgrand
Posted May 10, 2008 (05:34PM)

Why is it too expensive?    Do you mean the price of the stock compared to the value of the company?   Or do you mean that at this price not as many shares can be bought as compared to a stock that is priced at $10?   

 If its the latter, my experience has been that I make as much money when I buy one share at $100 that moves 10%, and 10 shares at $10 and they move 10%.   The return is the same.   Psychologically it feels different, but this is only psychological.   

 I only ask because I'm just trying to understand and learn from everyone's thoughts and experiences.   

Quote Report
User Avatar
User Avatar Brokerage Account

pman1972

Member since: Feb 08
Trades 369
Trade Notes 66
Blog Posts 0
Sr. Systems Analyst
Age: 30's
Woodbridge, VA
pman1972
Posted May 10, 2008 (05:53PM)

For Visa, I wanted 100 shares as an entry point.  When it opened options weren't offered yet, so it was either caugh up the money or wait for the options.

Quote Report
The above content is provided for educational and informational purposes only, does not constitute a recommendation to enter in any of the securities transactions or to engage in any of the investment strategies presented in such content, and does not represent the opinions of TradeKing or its employees. TradeKing provides self-directed investors with discount brokerage services, and does not make recommendations or offer investment advice. You alone are responsible for evaluating the merits and risks associated with the use of our systems, services or products. All investments involve risk, losses may exceed the principal invested, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Your use of the TradeKing Trader Network is conditioned to your acceptance of all TradeKing Disclosures and of the TradeKing Trader Network Terms of Service. 2007-2009 TradeKing.