pman1972 > Trade Notes

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Member since: Feb 08

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Bought V at 65.25

Users Bought (30 Days) 15 (100%)
Users Sold (30 Days) 0 (0%)
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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.

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1 user tagged it: V, stock, buy
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kingpin

Member since: Feb 08

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kingpin
sure sounds great. just too expensive. i am waiting for options to be offered on this stock.
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pman1972

Member since: Feb 08

Trades 261
Trade Notes 66
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Sr. Systems Analyst
Age: 30's
Woodbridge, VA
pman1972
i'm totally with you.  when it hits, i'll look into doing a covered option.
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lifeisgrand

Member since: May 08

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lifeisgrand

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.   

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pman1972

Member since: Feb 08

Trades 261
Trade Notes 66
Blog Posts 0
Sr. Systems Analyst
Age: 30's
Woodbridge, VA
pman1972

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.

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