The Insanity That Some People Refer To as MA

Some of you guys like to focus on the fundamentals of an equity.

I used to focus on what I believed to be the fundamentals and have been proven wrong in the end. Proven wrong many times over.

Instead focus on the aspect of a trade. You dont have to believe in the equity, you dont have to marry it. All you want is for the price to go from point A to Point B and then exit.

The business model doesnt matter, the P/Es do not matter. Just focus on the trade. Everything else is a distraction.
 
Quote from stock_trad3r:

MA (mastercard) is leading the way for paymentism. Pyamentism is the methods The Creators use to extract money from the fading middle class through fees and interest. MA is an evil coperation; its far far worse than Exxon or Wallmart. There is a place reserved in hell (even though The Creators don't believe in it) for everyone who works there.

But I am still long and I bought in the low 80'S and I intent to sit back and make easy money with this.

At the start of reading the above post, I was thinking stock_trad3r was one of them there crazy, speaking in tongues, snake handlin' lunatic religious fanatics.

After reading the last sentence, I realized he isn't crazy.:D
 
I agree with you, Bylosellhi. However no one else seems to see the absurd valuations. Just last month they missed the earnings estimates and it fell from around 110 to 100. Now, a few weeks later, nothing has changed and it is back to 108- 110. :(
I have been waiting forever for it to head back toward the 50s. Amex lawsuit and discovery process sem to have just disappeared. Nothing in the news about it for the last year. Unbelieavable how the anaylsts said that MA didn't know how much their company was worth !! That they underpriced it at the IPO of 39. MA's prospectus clearly stated the risks and pending problems. They said they were going public to " transfer the liability onto shareholders " . Everyone has been blind to any potential downsides.
 
Quote from Gurmail:

I really would love other people's views on MA.

I see it at 85 by August. I also hope the Dow is in the 11k-12k range by then or I'll be a lot poorer.
 
Quote from pumpanddumper:

I see it at 85 by August. I also hope the Dow is in the 11k-12k range by then or I'll be a lot poorer.

You better hedge with Ultradow if you stay short.
 
Quote from S2007S:

MA is going lower in my opinion.

I agree.

VISA is everywhere I want to be.

MA has been artificially propped by the limited number of publicly traded credit card behemoths.
 
Go see "MAXED OUT".


will make you think alot different the next time you use that piece of plastic to make your next purchase.
 
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