Quote:
Originally Posted by TheAgent
Visa is suppose to be one of the largest IPOs ever. The IPO is supposed to be valued at close to 19 billion
Price of the offering will go between 39-42 by the time it comes to the NYSE it could be in the 50-60 range. However look at when Mastercard went public it was at 39$ in 2006 today its trading around 200$ a share.
Talk about making some real money.
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When you a bookie and charge merchants for the transactions as well as make money off card holders it's a sure money maker.
All these card companies are like printing machines for money as long as they are managed right and not taking big gambles in future contracts or anything that nuts.