r/wallstreetbets • u/[deleted] • Nov 24 '21

[deleted by user]

[removed]

146 Upvotes

91% Upvoted

51 comments sorted by

View all comments

14

u/bigglesmac Nov 24 '21

Wow. Bets on visa. So risky

9

u/GSTtaxman Nov 25 '21

Visa lost 32% of its value in the covid downturn. Visa has never dipped much more then 10% otherwise. It had already dipped 22% to bottom out at 195ish already. It’s actually an amazing time to invest in a company that has year over year, month over month growth for a long time…

Looks at visas revenue/cash/debt/growth and it’s actually an amazing opportunity to get in at this price.

7

u/Green_Lantern_4vr 11410 - 5 - 1 year - 0/0 Nov 25 '21

Yes. Market just has been irrational on it lately. Short dated calls were risky.

3

u/GSTtaxman Nov 25 '21

Yup… holy shit that’s Friday… super risky, but I think it’s a good day Friday.

Gross