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Strategies & Market Trends : Value Investing

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To: ferris wheel who wrote (56764)	1/27/2016 10:29:10 PM
From: MNTNH	Read Replies (2) of 78764

Im not Wallace but I can offer some factors. :) Losing costco as a co-brand card (some big topline numbers shown) Losing the antirust suit Potential removal of anti-steering of which "supposedly" will lower network prices according to D.O.J. (related to the lawsuit) Declining revenues (less charge volumes) Threat of new payment networks/ systems Recent sharp drop in 4Q profits (but dont think people actually read the financials. last year exceptional gain and this year exceptional impairment) There were several important snippets that I think the crowd missed. Just wanted to pick some thoughts, of all the people here using the costco card...so what if amex-costco is removed? What would you do? Get new costco-visa card or shop elsewhere with a amex card or generic payment acceptance?

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