Monday, September 29, 2008

PAIRS TRADE: LONG "V" vs. SHORT "COF" ~ Visa Inc. (Public, NYSE:V)

 VISA down 5%+! 

$58.46 
-3.58 
(-5.77%) 

BUY (V) on the DIP.

6 comments:

BUY ON THE DIP said...

STI down 10%+ .... the trust tree is broken.

what's in your wallet? said...

San Francisco -- Visa Inc. last week announced its strategy to promote its services to the mobile phone market through developing mobile payment application for the new wireless phones powered by both Nokia mobile handsets and those running Google’s new Android platform.


Additionally, Visa announced a pilot program that allows U.S. Bank Visa cardholders to transfer money using a mobile phone

BUY ON THE DIP said...

VIX hit $40. hmmm...

39.75 +5.01 (+14.42%)

BUY ON THE DIP said...

just bought more JRJC at $12 .

anyone want google at $400?

seizure said...

i'll take goog at $400 and V at $57

i heart VISA! said...

Royal Bank of Scotland recently announced it will move its debit card business to VISA. Also, we note that roughly 50% of V's outstanding cards are debit cards which we think bodes well for spending volume, even with a slowdown in the international consumer. Our target price remains $87,