Anyone have an color on this? From 220+ to under 170 but there really hasn't been any news the past week. Seems like it's getting very cheap.
Wow... 169... Are you long? Long term investors are getting creamed in this market. I'm feeling your pain. I bailed on Visa in Aug at a loss.
very small position with an avg just below 200 so I'm not hurting, more like licking my lips because it seems like a good opportunity. This stock has huge moves so it could go back to 200 in a day or two...or down under 150 haha. I'm buying some calls to go with my small stock position, we'll see if there is a snapback in the next month.
Found some news. Hope this helps... Credit Card Stocks Sink, Citi Analyst reduces earnins Outlook http://biz.yahoo.com/ap/080929/credit_cards_sector_snap.html?.v=1