MA - Mastercard - This company went public in September of 2006 and has been on a steady climb up ever since. The name of the game here is branding; the Mastercard name is recognized worldwide. Mastercard's IPO took place on MAy 25, 2006 with the stock trading at $40.30. I purchased it that day for approvimately 41.58. The stock closed that day at $46.00, a nice one day pickup. I have successfully bought in and out of MA quite a few times in the past year, and lost when I misread some signals or exited a winning trade too early. Recently I suffered a 12% loss on February 9th, when the company announced earnings. The stock was heavily shorted and I got stuck with a LONG position that erased a lot of gains. The recent market weakness has only made MA more attractive.
BUY 200 MA at 102.00 LIMIT
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