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    All Forums | Investments

    VISA???

    HeaVin-Cent
    wallstreetcappers
    KOAJ
    ogmike
    Gunners
    Participants:
    Search
    Views: 496
    Posts: 15
     
    HeaVin-Cent
    HeaVin-Cent
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    Posted: Mar. 18, 2008 - 9:26 PM ET #1

    Is Visa available tomorrow?? Does anybody know about where its opening at?
    Reply
    To remove first post, remove entire topic.
    Is Visa available tomorrow?? Does anybody know about where its opening at?
     
    wallstreetcappers
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    Posted: Mar. 18, 2008 - 9:57 PM ET #2

    Priced at 44 I think, trades tomorrow..probably opens up 10 bucks.

    I was trying to draw comparisons between V and MA but it is tough.

    Not sure I would chase on day 1 though.
    Reply
    Priced at 44 I think, trades tomorrow..probably opens up 10 bucks.

    I was trying to draw comparisons between V and MA but it is tough.

    Not sure I would chase on day 1 though.
     
    HeaVin-Cent
    HeaVin-Cent
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    Posted: Mar. 19, 2008 - 1:07 AM ET #3

    I might have to chance it. Even if it does half as well as MA it still a heck of an investment. I wish luck to all.
    Reply
    I might have to chance it. Even if it does half as well as MA it still a heck of an investment. I wish luck to all.
     
    KOAJ
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    Posted: Mar. 19, 2008 - 9:13 AM ET #4

    visa is bigger

    i found out an hour ago that i am getting some IPO shares...my dad apparantly has some pull with our planner at Merrill

    personally i would wait to see how it trades for a week or two and try and get some on weakness in the mkt in general. V will be a monster in the long run
    Reply
    visa is bigger

    i found out an hour ago that i am getting some IPO shares...my dad apparantly has some pull with our planner at Merrill

    personally i would wait to see how it trades for a week or two and try and get some on weakness in the mkt in general. V will be a monster in the long run
     
    ogmike
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    Posted: Mar. 19, 2008 - 9:43 AM ET #5

    does anyone know what time it will start trading?
    Reply
    does anyone know what time it will start trading?
     
    KOAJ
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    Posted: Mar. 19, 2008 - 10:06 AM ET #6

    og - in my experience, i can guess and say 10:45-11 or so...depends on the preopen bartering on the floor of the NYSE
    Reply
    og - in my experience, i can guess and say 10:45-11 or so...depends on the preopen bartering on the floor of the NYSE
     
    Gunners
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    Posted: Mar. 19, 2008 - 10:18 AM ET #7

    Visa trading now.  Opened at $59.50
    Reply
    Visa trading now.  Opened at $59.50
     
    ogmike
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    Posted: Mar. 19, 2008 - 10:19 AM ET #8

    thanks koaj. 
     
    does anyone know what this means:
     
    "Your order was not accepted.  Funds are not available for this transaction of a non-marginable security."
     
    im trying to buy for my girlfriend, and it's not letting me.
     
    Reply
    thanks koaj. 
     
    does anyone know what this means:
     
    "Your order was not accepted.  Funds are not available for this transaction of a non-marginable security."
     
    im trying to buy for my girlfriend, and it's not letting me.
     
     
    KOAJ
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    Posted: Mar. 19, 2008 - 10:50 AM ET #9

    ogmike - you cant buy an ipo on margin

    have to wait 30 days or buy with cash

    old rules though...may still apply

    looks like it may come in a little bit


    Reply
    ogmike - you cant buy an ipo on margin

    have to wait 30 days or buy with cash

    old rules though...may still apply

    looks like it may come in a little bit


     
    ogmike
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    Posted: Mar. 19, 2008 - 10:56 AM ET #10

    im not trying to buy on margin.  my girlfriend has cash in her account, and it still wont let me me.  but if i sign into my account, there's no problem.  and she has much more money in her account that i do right now.
    Reply
    im not trying to buy on margin.  my girlfriend has cash in her account, and it still wont let me me.  but if i sign into my account, there's no problem.  and she has much more money in her account that i do right now.
     
    ogmike
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    Posted: Mar. 19, 2008 - 11:17 AM ET #11

    just got off the phone with them, and it turns out that my girlfriend just funded the account.  and you have to have money in the account for three days to buy IPOs or other risky securities.  i think that's bs, but oh well i guess.
    Reply
    just got off the phone with them, and it turns out that my girlfriend just funded the account.  and you have to have money in the account for three days to buy IPOs or other risky securities.  i think that's bs, but oh well i guess.
     
    KOAJ
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    Posted: Mar. 19, 2008 - 11:24 AM ET #12

    Quote Originally Posted by ogmike:

    just got off the phone with them, and it turns out that my girlfriend just funded the account.  and you have to have money in the account for three days to buy IPOs or other risky securities.  i think that's bs, but oh well i guess.


    that makes sense

    its not like this thing will be at 70 in 3 days
    Reply
    Quote Originally Posted by ogmike:

    just got off the phone with them, and it turns out that my girlfriend just funded the account.  and you have to have money in the account for three days to buy IPOs or other risky securities.  i think that's bs, but oh well i guess.


    that makes sense

    its not like this thing will be at 70 in 3 days
     
    ogmike
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    Posted: Mar. 19, 2008 - 11:33 AM ET #13

    thats what im hoping.  tried to explain to my girlfriend that she still may be able to get in for around the same price that she was willing to before.  but she's still pissed at herself for not setting up the account earlier.  do you think visa will move in direct correlation with the overall market over the next few days, or will people still be gobbling it up even as stocks fall?
    Reply
    thats what im hoping.  tried to explain to my girlfriend that she still may be able to get in for around the same price that she was willing to before.  but she's still pissed at herself for not setting up the account earlier.  do you think visa will move in direct correlation with the overall market over the next few days, or will people still be gobbling it up even as stocks fall?
     
    KOAJ
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    Posted: Mar. 19, 2008 - 1:54 PM ET #14

    og - no idea...she wouldnt have gotten the IPO price of 44...mkt opened at 59.5 or so

    it will probably trade flat for a little while
    Reply
    og - no idea...she wouldnt have gotten the IPO price of 44...mkt opened at 59.5 or so

    it will probably trade flat for a little while
     
     
    HeaVin-Cent
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    Posted: Mar. 19, 2008 - 5:17 PM ET #15

    I have a roth IRA account which is in a mutual fund (NMTAX), it has been pretty good the last few years. I am a 22 yr old student and have about 18K in it. Would you think its worth it to move maybe half or more into Visa for a few years till I feel it hit a high? I feel the potential returns will be better than the fund and the risk will be worth it since I am still young and its not all that much of an investment. 

    Please any input would be great. Thanks for the time
    Reply
    I have a roth IRA account which is in a mutual fund (NMTAX), it has been pretty good the last few years. I am a 22 yr old student and have about 18K in it. Would you think its worth it to move maybe half or more into Visa for a few years till I feel it hit a high? I feel the potential returns will be better than the fund and the risk will be worth it since I am still young and its not all that much of an investment. 

    Please any input would be great. Thanks for the time
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