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visa's ipo was hard to get. it already went to syndicate and shares have been distributed. unless you buy on every IPO out there, you didn't get any. we had several high (very high) net worth clients that wanted some, but since they dont' buy on every IPO, they didn't get any. and they wanted a lot too. and unless you go to a huge brokerage house, you wont get any either.Visa's IPO is this month, but you need a massive amount of backing to be eligible for that IPO after Mastercard did so well with their IPO.
this will drop. the stock is overpriced for one and the market sucks ass for two.either way, i wouldn't buy at ipo. i anticiapte a solid 5-10% drop a few days in.
visa launches wednesday, 37-42 a share.
where did you hear your need backing to get in on the IPO?
if this stock is going to hit a huge spike immediately, don't you think it would sell for more? why would VISA cut themselves short of money.
IPO stocks are priced comparitive to other similar stocks in the market. in the long term, yes it will rise. short term, not so much.
"V"What will visa's ticker symbol be?