To the people holding Visa,
I have been in the world of investment banking for over thirty years.
Is the market bad right now? The answer is yes! However, we are on a
return track, as "we" know the new admin will spark a rally, we are
vastly undervalued. Regarding Visa, we may not see the 100's for some
time, however this stock will move up in the next two years as the
long-term market share is over 86%. People are not going to stop using
credit or debit cards, and the holiday season will not be as bad as
most are predicting. It sickens me to see the bashers on this board
telling people BS just so they can dump the stock and short it.
Bashers, I have news for you the C recovery plan is in place and it
will be announced Monday, which will bring all the financials up. The
SEC is also going to ban shorting; this statement will be made
sometime this week. Also, take a look at the technical indicators,
Visa bottomed out on Friday, and picked up a surge of interest at the
end of the trading session.I have heard through circles that both
China and the Saudi's are going to rescue the economy. Both have an
interest in Citi. I look at it this way: If anyone has ever studied
economics/political science, there is something called Power
Transition Theory, to make the history lesson short, we took over the
International System from Britain and became the hegemonistic power in
terms of the financial system. We have declined as a power, and other
nations are going to rise up and take it from us, w/o conflict.
Simply, China is that nation. China already owns several holdings here
in the U.S., and they need us to keep their economy afloat. In
exchange for the bailout we will create a so-called "balance" of trade
to sustain us, but the greater percentage will go to China. If you
would like I can explain in greater detail. However, something big is
coming in terms of this. It may not be made public, for the fear of
the US selling out, however this is how it will shake out. Watch the
Asian markets tonight, they will be up. This rally will continue
Monday, now is the time to buy as this will shoot back into the mid
55's. Enclosed is a chart to view:
http://www.windchart.com/stockta/analysi...
Mark Thumos, CFA, MBA
Also take a look at the holdings of Visa, you and you bashers think
this stock is going to tank?
http://www.nasdaq.com/asp/holdings.asp?s...
262 holders have increased positions to 76,103,654 shares
451 holders have held positions w/o activity 114,685,611 shares
86 holders have new positions with 30,448,543 shares
71 holders have sold out for "cash" with 21,037,757 shares
65% of this stock is owned my major funds, whom make money!