I guess I was sort of an inspiration for 2 of my other friends with limited stock trading experience, as they both purchased some stock as well. After being down on the first day (from what I purchased it at), the stock jumped up over 14% today (including after-hours trading), making me about $230 on my $2,994 invested:

I’d say that’s a pretty good start I have been contemplating selling the shares and then buying again later. I have a feeling there will be a big selloff from the banks and people trying to make a quick buck, which will affect the stock price negatively. Overall I think it’s a safe long-term investment stock, so even with a selloff, I feel that it will stabilize and then start to trend upwards. From everything I’ve read, the opinions about what the stock will do are all over the place. From people saying it will go back down to the IPO price, to others saying it will go up to $70-$90. In reality, the stock market is a gamble. Do as much research as you can, learn what you can, see how news, etc affects other stocks, and use that to make a better judgment with your own stocks. I’m definitely no expert, my overall portfolio is down 30% (before Visa)…but just giving my two cents.

All I know is that I had a hunch about Google when they became an IPO. I put them in my fake portfolio at the $95/share, and now look where they are at. I’ve had Apple in my fake portfolio since their shares were $11.38….I would have a 1071.09% return on that right now! I have the same feeling about Visa, so this time I’m running with it. If you do the same thing, and are new to the market, just make sure you don’t invest more than you can afford to lose.

One other interesting thing I found is that many of the major credit card/bank companies went up pretty big today:

American Express: +9.48%
Discover: +10.26%
Mastercard: +5.75%
Capital One: +7.66%
Citigroup: +10.24%
HSBC: +3.01%
JP Morgan Chase & Co: +9.25%
Barclays: +7.26%
Bank of America: +8.56%

I wonder how Visa helped affect these?

Just curious if any of you guys are investing in today’s Visa IPO? The stock is up 35% from the opening IPO price as of writing this. I just bought $3,000 worth of shares at $59.75…I think the stock has a lot of potential.

I’m curious to know your thoughts on whether it’s a good buy or not…regardless if you invested or not. I’m pretty new to the stock market, so any advice is more than helpful.