GO
Help
All content in the ZeccoShare community is generated by its members and does not contain advice or recommendations on behalf of Zecco Holdings or Zecco Trading. More>>
Content Name: CommunityDisclaimerShortLeftNav
Preview Revision #:
Active Revision #:
Edit Content
Zecco.com » General Investing » IPOs » Visa on public secondary opening da...
Last post 05-24-2008, 11:29 AM by The Big D. 21 replies.
Page 2 of 2 (22 items)   < Previous 1 2
Previous   Next
Content Name: ForumThreadInternal
Preview Revision #:
Active Revision #:
Edit Content

  •  04-08-2008, 2:07 PM 26624 in reply to 26597

    Re: Visa on public secondary opening day

    Reply Quote

    thanks for the info.  i;ve decided to hold on for a while.  is there any reason V can't match or exceed MA?

    I know about the lawsuit, and that funds are set aside for settlement.  i'm  looking at V to reach 200  -  anyone with me?????

  •  04-08-2008, 9:14 PM 26651 in reply to 26624

    Re: Visa on public secondary opening day

    Reply Quote
    The last analysis I read stated it's fair value was around $78.  If there is a lot of interest it can push past that.  I also read in the same article to consider selling in the $90's.

  •  04-08-2008, 9:37 PM 26654 in reply to 26651

    Re: Visa on public secondary opening day

    Reply Quote
    when is the 30 day wait period for V expire? after which V sharescan be sold?

  •  04-09-2008, 10:21 AM 26681 in reply to 26654

    Re: Visa on public secondary opening day

    Reply Quote

    It opened on 3/19/2008.  So I assume Monday, 4/19 or Tuesday, 4/20.  But that's only if you were granted IPO shares by the investment houses that offered it.  The rest of us can obviously buy and sell at any time, like Angst pointed out.

    Regarding your question on valuation, Sunshine, see Hexdek16 's simple analysis above.  The IPO opening price was fairly priced compared to Mastercard at 230, i.e. V at $38 with 775M shares outstanding is the same price as Mastercard with 6 times less shares at 230.  So to randomly say that Visa goes into the 200 dollar territory because Mastercard did makes no sense.  Not to say that it won't go higher for some other momentum reason.  Like when China buys it up, etc.

    Realistically though it should only go higher from here if it's outlook is better than Mastercard, and that analysis hasn't been made yet from what I've seen (although I didn't see the accounts you read).  I sold yesterday above 67 and will see what happens by my settlement day.  Whon knows, I might pull the trigger and get back in.  But I got my designs on RIMM, FWLT and DE (might dump MON at 122 or 123 to buy DE?).

  •  04-18-2008, 10:27 AM 27356 in reply to 26597

    Re: Visa on public secondary opening day

    Reply Quote

    Well Angst,

    Visa's up again today past where I sold it at 67.  Wonder if Monday will be the 30 day mark where everybody dumps it.  Myth?  Who knows?  But I would think every one would have gotten out of it by today if the IPO'ers could or were planning on dumping it.  Maybe the IPO buyers don't plan to sell it and everybody knows it.  This is very strange....will just have to wait and see on Monday..  God, hope it doesn't take off.  Oh well, I'm ahead on it.  Could be worse.

    D

  •  04-23-2008, 2:21 PM 27678 in reply to 27356

    Re: Visa on public secondary opening day

    Reply Quote

    When it crossed 70 on monday I officially felt like I had missed the boat.     Big D, did you sell on Friday (Apr 18)?  The drop on the chart at 1pm last Friday looks like a real gut wrencher.   I know i would have bailed If I had been long and I was sitting watching the chart through the day. 

    It looks really all over the place right now.  I cant get a read on what its doing. 

    What was/is the official end of the30 days? Would it have been yesterday (Tuesday Apr 22nd) It is going to be real interesting to see what happens now.  Im getting the impression that many of these companys that  have been reporting positive earnings recently is due to the companys themselves being long Visa stock. 

    Can somebody expand on what is involved in the  "quiet period"  I understand that there is a "quiet period" for the first 30 days and that there are many restrictions like analists are prohibited from giving an opinion and a few other things.  What are some of the other things that restricted during the quiet period?

    On edit 4/24:  I heard that the 28th is the end of the quiet period. 

  •  05-24-2008, 11:29 AM 29737 in reply to 27678

    Re: Visa on public secondary opening day

    Reply Quote
    I sold on Aprl. 8 at 67.  For whatever reason, the IPO holders aren't selling.  Someone on Fast Money said it was 90 days instead of 60.  But it looks like it's dropping now with the rest of the market. it's hard to get back in here at 77, although this could be the current low and will rise from here.
Page 2 of 2 (22 items)   < Previous 1 2
Content Name: StandardBottom
Preview Revision #:
Active Revision #:
Edit Content
 


ZeccoShare is currently in Beta mode. In case you wish to provide feedback, please post it in the ZeccoShare Forum.

ZeccoShare provides a confined and secured environment. The information you share (e.g. profile, holdings, trades, performance) is only displayed to other Zecco members. Guest (i.e. not signed in) are not able to see any individual member information. Guests will only be able to see anonymous, aggregated community data.

Zecco members marked with a ‘Zecco Associate’ medal are employees of Zecco.com. They are not registered representatives of any broker/dealer, and are not registered with any national securities exchange. All information displayed and all posts made by these users are their personal information and opinion, and not the opinion or information of Zecco.com. Zecco.com is not a broker/dealer, has no access to material non-public information about publicly traded companies, and does not make any recommendations regarding the purchase or sale of any security.

All content in the ZeccoShare community is provided for educational and informational purposes only, does not constitute a recommendation to enter in any securities transactions or to engage in any of the investment strategies presented in such content, and does not represent the opinions of Zecco Holdings or its employees. Your use of the ZeccoShare Community is conditioned to your acceptance of all Disclosures and Terms of Service.
Close [X]
Content Name: CommunityDisclaimerLong
Preview Revision #:
Active Revision #:
Edit Content

Terms of Service - Privacy Policy


Zecco.com is a financial portal of Zecco Holdings, Inc., which also provides access to Zecco Trading, Inc.’s trading service. Zecco Holdings, inc. is not a securities broker/dealer. All securities and investments are offered to self-directed investors by Zecco Trading, Inc. Member FINRA /SIPC. More information is located on the disclosures page.

At Zecco Trading, you can make up to 10 free stock trades in any one month that you maintain a $2500 minimum account net equity. After that, you pay only $4.50 per stock trade. Options trades are $4.50 plus $.50 per contract. Only the first account of any account type is eligible for the Zecco Trading, Free Trading program. Any multiple accounts of the same type with the same registration are not eligible for the free trading program. Free Trading Program is only available through Zecco.com. $0 minimum to open cash and IRA accounts.

* Margin accounts require a $2,000 minimum balance for opening and trading on margin. Margin trading involves risks and is not suitable for all accounts.

Options involve risk and are not suitable for all investors. Please read Characteristics and Risks of Standardized Options.

Multiple leg options strategies involve additional risks and multiple commissions, and may result in complex tax treatments. Please read Spread Trading Disclosure.

Investors should consider the investment objectives, risks, and charges and expenses of a mutual fund or ETF carefully before investing. A mutual fund/ETF's prospectus contains this and other information, and should be read carefully before investing.

System response and access times may vary due to market conditions, system performance, and other factors.

The content of Zecco Holdings, Inc.’s and Zecco Trading, Inc.’s websites, including research, tools and securities symbols, is for educational and informational purposes and should not be intended as a recommendation or solicitation to engage in any particular securities transaction or investment strategy. You alone are responsible for evaluating the benefits and risks associated with the use of our services or products and to decide which securities and strategies better suit your financial situation and goals, risk profile, etc. The projections regarding the probability of investment outcomes are hypothetical and not guaranteed for accuracy or completeness. They do not reflect actual investment outcomes and are not guarantees of future results. Tools’ calculations do not take into consideration commissions, margin interest and other costs that may impact investment outcomes. All investments involve risk. Losses may exceed the principal invested. Past performance of a security, market, or financial product does not guarantee future results. Neither Zecco Holdings, Inc. nor Zecco Trading, Inc. offers any tax, legal or financial advice.

No consideration was paid for any testimonials displayed on this website. Your experience may vary, and the testimonials are no guarantee of future performance or success. Zecco Holdings, Inc., Zecco Trading, Inc.’s and their independent providers are not liable for any errors, incompleteness, or delays, or for any actions taken in reliance upon information contained herein. By accessing our websites, you agree not to redistribute the information found therein.

Market Data Copyright © QuoteMedia. Data delayed 15 to 20 minutes unless otherwise indicated. RT = Realtime, EOD = End Of Day, PD = Previous Day. Powered by QuoteMedia. Terms of Use.

© 2006-2008 Zecco Holdings, Inc. and Zecco Trading, Inc., Member FINRA /SIPC All rights reserved.