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The Blackstone Group L.P. Message Board

  • billlewisiv billlewisiv Nov 1, 2013 9:20 AM Flag

    From 21.50 to 28.50 in two months...here's the deal:

    From Aug 20 to October 20, this stock ran from 21.50 to 28.50, and gain of over 30%. In two months! That's a major event for this stock. Now we're in a period of fallout from and reaction (or over-reaction) to that dramatic move. That's what we've been watching for the past week. All sorts of posturing and profit-taking. This stock is a favorite of players and traders. After they're done doing their thing, upward momentum will resume. Until then, we'll be subjected to a period of bulls_ t.

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