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The Blackstone Group L.P. Message Board

  • carolyn_novice carolyn_novice Aug 7, 2013 9:20 PM Flag

    Question from CRZACE BX @ 22.76

    Question from CRZACE BX @ 22.76

    crzace Hello Carolyn –

    Did you get any confirmation on the move today?
    I would love to see close pass its 52 week high.


    Sentiment: Strong Buy

    With today’s volume I am quite surprised, who is behind this big trade? Is there something we do not know?

    From July 23 to July 31, 2013 for 7 days BX was down, and then there was small bounce due to dividend reinvest.

    I don’t wish to take a wild guess with today’s heavy volume. I though 7 days in a row was more than enough liquidation.

    For your information the following is a fact.

    I am trader and after the September 11, 2001 attack, the market was closed for a few days. When it opened I took a heavy position in Hilton (HLT) at 7.785. The stock after moving less than a point it again dropped below $6.00. I talked to about 10 different sources and they all thought it was a good buy before my trade.

    Then I went to see my broker and a few traders, they all advised me, the travel my stop for a long time and Hilton may not be able to keep up with their debts.

    Three days later with sleep less night, the stock moved above $10.50 for about for a short time, then tickled down to $10.00.

    I bailed out and made amount in 5 figures in one trade.

    Two years latter Hilton was taken over for above $45 and debt.

    Hilton property in Hawaii is more than a few billion.

    Now back to BX, it is gold mine, it will not only make a new high above $25, it can do anything. You should buy and stop watching day to day, in a few years it could be $50 or above.

    Some of the properties of Hilton in foreign countries like China and India are worth a few hundred millions.

    Hilton will be a hot issue and I hope I can get at the IPO price.

    I hope I have answered your question.

    I am long BX and I am still collecting, my major buying will be after it makes a new high.

    Please ignore by short term buy and sell and have faith in yourself.


    Carolyn Novice

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    • Hello Carolyn -
      Thanks for taking time and providing your opinion. I find it very valuable.
      Now a days, It sure is very hard to find a good stock and also, good opinion from the analysts. Their timing seem to be late in buy or sell.
      I find BX with a possible huge upside considering their apartment and commercial real estate holdings, Hotel properties especially Hilton and last year's buying spree of over 30,000 single family homes.
      I have seen the interview from the head of Hilton, head of Pinnacle (recent IPO) and also, head of the real estate on CNBC w David Faber - Very impressive and smart guys running these businesses. Also, their success with Seaworld speaks well for the mgmt of BX.
      Your opinion confirms my thoughts. Again, I really appreciate your time.
      Please post any new information that you may find -
      Thanks in advance


      Sentiment: Strong Buy

33.47-0.06(-0.18%)Sep 2 4:02 PMEDT

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