I missed J. Crew and MasterCard
By stlplace on Jun 1, 2007 in Stocks, Fun
But I don’t regret it. I noticed J. Crew (JCG) IPO last summer, and started pay attention to its stock. I have been their customer since my friend’s recommendation in early 2006, bought some shirts and pants at discount, been happy with them. But, I did not buy their stock at discount last year (it has been at 25 for a while). Why I didn’t pull the trigger? There were two reasons:
1) I found the ladies’ products made up majority of the sales at J. Crew. I don’t know about ladies’ trend.
2) Unlike Crocs, I can see them when people wearing them, I have no way to tell if a person wearing Banana Republic or J. Crew.
At the same time, I also missed MasterCard, probablly becasue when I looked at it last holiday shopping season, it’s already at 90 to 100. But I should have taken another look when Sam’s Club announced they are taking MasterCard.
Anyway, there is no rear mirror view in the stock market. We should look the road ahead 
are welcome.
Oceanid | Jun 1, 2007 | Reply
Wait for Visa later this year. It would huge.
stlplace | Jun 1, 2007 | Reply
I would not hold my breath on it. Now that people know the credit card IPO is sweet, I think Visa will be fully priced at debut.
You can check out BIDU, NMX (NyMex) debut after Google, ICE and CME’s success.
Oceanid | Jun 1, 2007 | Reply
Hehe…we will see.