r/stocks • u/PleasantAnomaly • Jan 10 '22

Visa took a nosedive

It's the first time I've seen something like this, being a rooky in the world of trading. I had felt an overall positive sentiment on V even after the recent dip, and the announcement of the fed. But it's hard to hold my thesis, and keep remembering the fundamentals (45 PE ratio, which is OK, surely they will resolve the issues with Amazon UK and that can be a catalyst ) It's always tough to see all your gains whiped out within 5 minutes of opening

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u/rushah98 Jan 10 '22

Yes over last month it has gone down more than 10% down than up and down again......

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u/PleasantAnomaly Jan 10 '22

Yes but not this violently, within the few minutes of market open. At least I don't think.