I hope the clowns that sell/short BX get shellacked! Would be funny to see that big offer to buyout BX next week for $26 per share, or even higher. You never know. But besides that, BX has a great future and it should be a stellar year as well.
Sentiment: Strong Buy
We are clearly not dealing with investors. Selling BX? Really! How dumb!
These are hedge funds; they sell and buy back 50cents up or 50 cents down. Stop telling others what they should be doing. BX is 75% own by the institutions.
Today’s activity is due to options. Institutions that have written option, will sell the stock, cover their options, and buy it cheaper.