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5 Comments to "question on Visa IPO?"

1. Sammy

   you most like not able to buy BEFORE the IPO trading date because there won’t be enough to go around. Unless you have $1+ million account, chance of getting in before the IPO is slim.

   However, you can participate on the first day of trading which, if it is a hot stock, will almost be a higher premium.
   it is believe it will IPO on 3/19 and start trading on 3/20. this date may change.

   ETrade, Ameritrade and Scottrade is a discounted E-trading sites.

2. Shonna

   IPO shares are often reserved by the underwriters for the biggest and best customers. But don’t worry. The moment the bell rings on the first day of trading, there is no more IPO and the shares will trade and can be bought like any other shares. With Mastercard, there have been huge gains after the IPO that anyone buying soon after the stock went public could have gotten. (See chart link below.) The hype about “getting in on the IPO” is put out by the underwriters to create excitement about the issue so that they can set a high price for the IPO and not get stuck with a bunch in inventory. Don’t fall for it.

   The fact that Mastercard went up so much after the IPO makes the underwriting customer angry and the underwriting firms look foolish because so much money was left on the table for the public. They don’t want this to happen again, which doesn’t mean it won’t, but it does increase the chances of this IPO being way overpriced, in which case it might go down after going public. This often happens, but the brokerage industry doesn’t make a big noise about it because it will dampen the market for future IPOs. I, personally, am waiting to see how it trades on the open market, before I buy any.

   finance.yahoo.com/q/bc?s=MA&t=2y

3. Floria

   It’s likely to start trading in late March. Don’t worry about getting in the IPO before it hits the market, just watch Fast Money and Mad Money on CNBC and they will advise once V starts trading whether or not it’s priced ripe for jumping in right away or let it come in. Then I suspect if you track it closely over time you’ll be able to eventually buy call options on the dips and should be nice one in your portfolio, ie MA has been a good one for me.

4. Kory

   As other contributors have noted, unless you are an accredited investor you may not be able to participate in the IPO. But you can start trading the moment the stock is listed on the market.

   I understand the IPO is billed for the week of Mar 17. So, you probably should get ready to buy (symbol V on NYSE) by Mar 18.

   Even before the IPO, Analysts have started talking about a price target. The initial price for the IPO is around $37-42. But (Morningstar) Analysts are already talking about a price target of $65-74. Other Analysts are betting that the stock will rise 50% within a year. How exciting!

5. Mellisa

   Pricing ends the 17 of march, trading will begin on the 18th. Etrade is one of the only brokerage houses that let the average guy in on IPOs.

   The price is 37-42 a share so you would need at least $3700-$4200 for this IPO if you do find a broker willing to provide small share volumes.

   I have confirmed with Etrade that they will not be participating.

   Here are the underwriters:

   J.P. Morgan Securities Inc.,
   Goldman, Sachs & Co.,
   Banc of America Securities LLC,
   Citigroup Global Markets Inc.,
   HSBC Securities (USA) Inc.,
   Merrill Lynch,
   Pierce, Fenner & Smith Incorporated,
   UBS Securities LLC and
   Wachovia Capital Markets, LLC

   If you really want to buy shares start there with $10,000 and move down the list you might be able to get in on it.

   Word for the wise, some annalists believe that this is overpriced. The Mastercard IPO jumped so much because it was vastly underpriced. The Visa IPO has been priced roughly at what Mastercard is now. Unless you have a lot of cash I would suggest buying after the bell if at all.

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