Mastercard?

The last 3 quarters MA has beat by .34, .15, and .41 respectively. Today's beat was only .11. Since the stock has more than doubled the last year, people wanted to see a better BTE (better than expected) to justify continuing the run. Didn't get it so they are selling it off (today at least).
 
Quote from Sethaholic:

What's up with the drop today? I don't see anything wrong with the numbers. Anyone have an idea?

Quote from stock_trad3r:

07-30-07 10:47 AM

Buy the dip


The markets are vastly oversold based on what? Nothing. No big news at all. The selling in the past two weeks has been pure speculation on some lending stuff. No big deal at all. I can't find a singlke headline that indicates that something is wrong or something bad happened.

To give you an idea of how big the selloff was the S&P had its worst week in 5 years. We're talking about the 500 best stocks crashing 6% in the span of just eight trading days after making a historic high. Wow..thats gotta hurt.
INfact, the S&P fell to Pre. Feb 27th levels completely erasing many months of gains.

The Dow and Nasdaq were hit less hard inspite the fact that the Nasdaq has smaller more speculative stocks than the S&P.

I recommend buying the dips on these stocks for an easy profit

MA (earnings will be big- buy b4 earnings on Auc 1st )...

That's what happened.

RoughTrader
 
Bigcharts.com shows another record high price on November 1, 2007 for Mastercard stock. The Standard And Poors 500 index closed about 2.6 % lower but MA prints a new high price.
 
Hmmmm.........?..........150, 120, 196! There's diminishing concern about the crisis with mortgage debt spreading to credit card debt. Priceless!
 
Quote from nazzdack:

Hmmmm.........?..........150, 120, 196! There's diminishing concern about the crisis with mortgage debt spreading to credit card debt. Priceless!


Credit Card Debt is going to be the next big problem in US since many cannot borrow from their houses anymore. Of course this is just another area being totally ignored RIGHT NOW.
 
Quote from S2007S:

Credit Card Debt is going to be the next big problem in US since many cannot borrow from their houses anymore. Of course this is just another area being totally ignored RIGHT NOW.

How does credit card debt negatively effect MA?
 
Quote from S2007S:
Of course this is just another area being totally ignored RIGHT NOW.
Yes us message board experts are so much more smarter than the market, like always :)
 
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