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The Blackstone Group L.P. Message Board

  • billlewisiv billlewisiv Apr 18, 2012 9:07 AM Flag

    Yet ANOTHER buy rating....

    And still this thing spins its wheels. Another $20 price target, yet this thing won't budge from 14.50 on the biggest two day rally of the year.

    And now? The market pulls back after that two day monster rally, and you can bet BX will join in the downdraft after ignoring the updraft. And tomorrow, earnings. Estimates have been raised, and estimates of them beating those estimates have been raised, but BX wouldn't budge the last two days. If they disappoint, watch the bloodbath. If they beat, traders figure it won't get any better than this, and they sell it off.

    It's nothing but a casino game. Going long in this market (except, perhaps, for AAPL) is for suckers. But thanks anyway, Stifel Nicolaus, whoever the hell you are, for the buy rating today.

 
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