The Blackstone Group LP Message Board

BX very high volume decline after making new 52 week high is called High Volume is called Volume and Price Reversals

Volume and Price Reversals….Goggle Search for more

After a long price move higher or lower, if price begins to range with little price movement and heavy volume, often it indicates a reversal. (See Retracement Or Reversal: Know The Difference for additional information)

Date Volume High Low Clsoe Change
3-May ------- 91,073 ------- 21.98 ------- 21.17 ------- 21.75 ------- 0.97
6-May ------- 64,850 ------- 22.59 ------- 22.04 ------- 22.49 ------- 0.74
7-May ------- 108,784 ------- 23.30 ------- 22.20 ------- 22.21 ------- -0.28

It will take a few weeks are a few moths, the stock should consolidate on low volume

Please review your trading strategy. Volume will eventually decline and there will be very few offers at lower price. At present there very few bids.

There is lot of supply in this range and stock will gradually move down. There are gaps created during the past few days and are generally they get filled.

Please try to learn and not fight the tape or me.

Sincerely,

Carolyn Novice

Sentiment: Strong Sell

How often are distributions made?quarterly?

this morning near the low. I have been waiting for at least a little dip in price to get in. Will add to my position on a further decline. I like BX as a play on real estate.

Has anyone been following AVIV? There is no Yahoo message board for this real estate REIT. I have been waiting for a week to find a good entry point but it just continues to rise every day.

There are lot weak stockholders, who bought on this rally, please get them out by selling and taking profits. You can buy back cheaper. Everyone is happy,

Good Luck and Happy Trading!

Sincerely,

Carolyn Novice

Low volume rally 1,548,381

Sentiment: Strong Sell

Are they special dividends?

I hope I can get cheaper after this run up.

Historical this is a big run up. Every day for the past few days it keeps moving higher, buy the volume today is Very heavy, that is my reason to be out.

Good Luck!

Sincerely,

Carolyn Novice

BX last trade = 22.91 Volume = 4,389,596

Sentiment: Sell

...I don't know how much fizz is left but it is sure putting on a stellar performance...

Sentiment: Buy

Birds of the feather I also own KKR
Apollo Global Management LLC (APO), the private-equity firm run by Leon Black, reported first-quarter profit that beat analysts’ estimates as the value of its fund holdings climbed.
Economic net income after taxes, a measure of earnings excluding some compensation costs tied to Apollo’s 2011 initial public offering, increased 76 percent to $741.3 million, or $1.89 a share, from $422.3 million, or $1.10, a year earlier, New York-based Apollo said today in a statement. Earnings beat the $1.23 average estimate of 11 analysts in a Bloomberg survey.
The bullish adjustment, which now sees KKR staying above $20, also raises the price at which the trader has agreed to buy shares.
Premarket BX (Please see that you have extended hours trading privileges, call your Stock broker)
Bid =22.80 ….Offer = 22.92 …This due to investor’s Business Daily & MarketSmith
Ownership Summary
Ownership Analysis………# of Holders……………Shares
Total Shares Held:……………292……………….…287,210,145
New Positions:…………………61…………………..11,131,431
Increased Positions: ………140…………………….50,640,867
Decreased Positions: ………102……………….…..37,176,843
Holders With Activity:………...242…………….……87,817,710
Sold Out Positions:………...29………………….…..3,075,968
Don’t feel sorry for those who sold before the big move. I tried a few times after hours and the stock was up more 40 cents, but next day ended up buying at even higher price
Sincerely,

Carolyn Novice

Sentiment: Strong Buy