With all the changes being made and the drop in the amount of credit cards being issued to card holders will only hurt these companies moving forward. Some people had credit limits cut 50%+. No need to hold onto these stocks. As credit is cut so are purchases.
With all the changes being made and the drop in the amount of credit cards being issued to card holders will only hurt these companies moving forward. Some people had credit limits cut 50%+. No need to hold onto these stocks. As credit is cut so are purchases.
im actually short V, for those exact same reasons, hence my question about today. want to make sure there not something Im missing that might squeeze me.
sell more then. if you liked it short at lower prices, you should love it short at higher prices right (for a longer term play)?
Quote from jr07:
im actually short V, for those exact same reasons, hence my question about today. want to make sure there not something Im missing that might squeeze me.
