Wow. I mean wow. What an absolutely dreadful performance. The ceo and everyone else involved should turn their salaries and bonuses over to the stock holders they have SCREWED so royally over the past year.
What a disaster. Even as the banking sector (responsible in large part for our swoon) recovers, BX continues to spiral downward. What utter crap.
50% below IPO price, more like 60% or more if you bought on day one. Bullsh*t dot.coms with no real business or earnings perform better. Companies under a mountain of debt and no earnings perform better. Hell, I've seen BANKRUPT companies perform better.
What utter crap. When is the next stock holder's meeting? How do I vote the idiots running this thing out of office??
The good news is that maybe this year I will be able to afford a share in the Hamptons as the market there goes belly up. There's nothing better than sea, sand, a good tan line, and seeing all the chumps at the Beach Club choke on their lobster rolls.
so princess, you are one of those very smart people to point out that what a bad stock BX is at a very worst time of our worldwide economy? WOW, thanks so much.... it is like we are sitting in a bus and it just hit a big tree in the middle of nowhere and the fog is extremely dense. Wow, thanks for your warning after the accident. Thanks so much!!!!!
I bet that you work for Goldman Sachs? hahahahahaa
BX is not a bank! It a private equity firm! Big difference. It will $60 or more when the economy goes back up; otherwise it will breakeven or take a loss do to investment in firms. It needs cash to be effective and there is no cash in the system as of yet!
You are correct, this Black Hole is run by A bunch of degenerates with no skill, thats right I am talking to you Steve!
I am sorry you were swindled into buying this garbage and as a Blackstone bagholder, I am sorry to say, YOU HAVE NO VOTING RIGHTS. This is a perfect example of what the media can do to inflate rubbish and peddle it to the street like a box of Pet Rocks.
I would sell and just be done, they dont deserve your money or trouble.
Scorned investors will likely never return to the Brokers as well as BX due to the flawed compensation scheme exhibited by the whole group last year. There is no such thing as smart money.