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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: upanddown who wrote (56732)1/22/2016 4:28:51 PM
From: Paul Senior  Read Replies (1) | Respond to of 76966
 
AXP. Okay, you guys have the cards; you don't give me any confidence that the merchants you are dealing with see the advantage of AmEx though. (Costco/Fidelity giving up on them)

I suspect AXP stock will recover. Right now it's just likely to be one of those stocks that just goes up without me.



To: upanddown who wrote (56732)1/22/2016 4:37:39 PM
From: Wallace Rivers  Read Replies (1) | Respond to of 76966
 
Wow, hadn't heard about Fido ceasing the AMEX affinity card. That's not good either. I know how much I spend, in this cash less society, I'm guessing 85% of all expenditures, cash or charge.
And, the Fidelity market (and, to a much lesser degree Costco) brings in a bunch of high net worth households.