Let’s talk about Visa

Amazon announced that they will not be excepting Visa’s card in the UK and that they may be switching cards to MasterCard. This resulted in the stock dropping about 5-7% yesterday. Although UK is a problem it is much smaller than losing Amazon.

I did own the stock but I ended up selling out of my position. Not because I don’t think that Visa is a good investment. But I think I have better options elsewhere.

$V $AMZN