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The Blackstone Group L.P. Message Board

  • billlewisiv billlewisiv Nov 13, 2013 9:27 AM Flag

    good luck today longs...looking at futures, we're gonna need it.

    Been in BX for over five years, and during that time, this stock has never, ever held on to gains of any kind. Getting it over 20 was a major victory this year. Doubtful we see IPO price (31.00) this year, and today could be ugly. Hang in there, longs. It's a player's stock, it's a player's market. Three minutes until THE CASINO IS OPEN!

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    • fishart4@verizon.net fishart4 Nov 13, 2013 5:21 PM Flag

      5 years ago Oct 13, 2009 PPS = 7.22
      Today close at 26.97
      Looks to be holding gains quite nicely to me.

      So what exactly is the problem besides the fact that you bought a financial stock (IPO!!!) right at the peak preceding a major financial market meltdown?

      31.00 would be a 15% move in less than two months, and the stock is already up 70% year to date. What exactly are your expectations?

      Sorry for your loss but ... Think man!

    • Why, then, do you hold on to the stock? Or are you out? Thank you.

 
BX
43.42-0.15(-0.34%)May 22 4:02 PMEDT