What is it? A terrorist attack? A company scandal? An economic collapse?
Why would this stock plummet like it has this week? Some incredible natural disaster of some sort? Oh, I forgot, it's just BX stock being manipulated as usual near options expiration. Business as usual. THE CASINO IS OPEN!
Two upgrades on the same day and stock goes to 23.50 and then unusual block trades + lot more than avarage shares trades daily. At the end of the week when August options expires BX closed at 21.75 with Half the volume than its daily avarage.
Manipulation? Making August 22 and 23 option worthless in a week.
I wonder if SEC may look into it..
Regardless of the short terms weakness we are going higher in long run.