MA - needs to get real

Again, I'm not commenting on the stock price, but customers not paying their bill has little effect on MA. When you or I don't pay our bills, it's the issuing bank (Citi, JPM Chase, BAC, etc.) who is chasing after us, not MA. I think you're confusing them for a bank, which they're not.

Good luck with the trade!
 
Quote from Moneyball:

Again, I'm not commenting on the stock price, but customers not paying their bill has little effect on MA. When you or I don't pay our bills, it's the issuing bank (Citi, JPM Chase, BAC, etc.) who is chasing after us, not MA. I think you're confusing them for a bank, which they're not.

Good luck with the trade!
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Your right my mistake, I didn't really take the trade off of any fundamental reason, it was purely a technical play.

If it works great if not then on to the next.

cheers
 
Quote from Moneyball:

Again, I'm not commenting on the stock price, but customers not paying their bill has little effect on MA. When you or I don't pay our bills, it's the issuing bank (Citi, JPM Chase, BAC, etc.) who is chasing after us, not MA. I think you're confusing them for a bank, which they're not.

Good luck with the trade!
More...

100% correct. Having said that though, bank defaults will hurt revenues for MA because it will mean less transactions being processed.
 
About 100 points ago I shorted 400-800 shares figuring "how much could you lose on a small trade.?" What a friggin tapeworm in my portfolio
 
Taking off HALF of my position here +$2 and moving stop to break even.

Let's see IF this can turn into a Lottery Ticket trade now :)
 
The title of this thread s/b "Joab- needs to get real"
Quote from Joab:

Think I will take a little nibble with some Jan 220 puts here.

Current price = 222
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Quote from Joab:

Taking off HALF of my position here +$2 and moving stop to break even.

Let's see IF this can turn into a Lottery Ticket trade now :)
More...

The 220 puts have NOT increased by +$2. But maybe if you're paper trading they did.
 
Quote from Bob Rowshan:

The title of this thread s/b "Joab- needs to get real"


The 220 puts have NOT increased by +$2. But maybe if you're paper trading they did.
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Bob,

Read the thread before you comment.

The STOCK is down $2 from were I entered "see my second post".

Sheesh this place bugs me sometimes.:D
 
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