Professional Traders know to avoid the markets after a FED meeting ... there is a "ying yang" effect that goes around the world's trading markets. Should be a BLOODY day for BX ....
Based on Daily Closing Prices: $24.50 WOW!
Upper Bollinger Band: $27.47
20SMA: $25.38 / SELL on 02/08 / BX Closed Below the 20SMA
Lower Bollinger Band: $23.36
PSAR: $23.05 / BUY on 01/29
Short term Slow Stochastic: 27.96 / HOLD or SELL on 02/08 - Below 80.0
Long term Slow Stochastic: 16.68 / SELL on 02/10
MACD: -0.67 / -0.70 / BUY on 01/25 / "Almost" Crossing Down
BX has MIXED signals ... HOLD or SELL / YOU decide! / If HOLD, suggested STOP is PSAR
BX is forming a base.
Information is provided for entertainment purposes and NO investment recommendations are given.
The Professional Trader ~ Good Luck!
1) He co-founded the firm
2) It doesn't matter how he acquired the shares, they are his. He lost the equity value whether the shares were bought at $0, $5, $10, etc.
Stop typing and start thinking.
The numbers CHANGE every day! Don't you want to become a better "trader"?
Why are you here? You are a long term "investor" ...
holding38 - aka FISHY
It seems like you are not too sure of anything, most of all, you are making erroneous assumptions. I am not "trying to manipulate sentiment", nor am I "simply ignorant". Personally, I think you are ignorant because you can't seem to grasp this simple concept.
My point is that Schwarzman started the company, gave himself TONS of shares at NO cost, and acquired MORE shares at NO cost from options and dividends. All purely legal.
However his TOTAL compensation is EXCESSIVE!
He gets the money, and shareholders get screwed ~
I know that you know that the CEO owns 20% of the outstanding shares. It is hard to believe you dare to call yourself an investor and yet you are not capable of understanding the implication of this fact.
tpf: I'm not sure if you are trying to manipulate sentiment or are simply ignorant. I repeat below an earlier post of mine on BX's CEO compensation:
Stephen Schwarzman is the CEO of Blackstone. The vast majority of his income is from dividends (distributions). In 2014, he received a total of about $690 million; 570.5 million came from dividends (distributions) since he owns about 20% of the shares outstanding. He also received $84.8 million in carried interest; since he owns partnership units--unlike the the units or shares bought by the general public--he receives an additional share of the profits. He also received $33.5 million from investments he is allowed to make alongside those of the firm. His salary is $350,000 (that's right, thousand, not million). Aside from the salary, all of his income is directly tied to the success of the firm; in that sense it is identical to that of the general shareholders (unit-holders); indeed $570.5 million is based on a per-unit distribution that is identical to the distributions received by the general shareholders.
Sentiment: Strong Buy