I dont follow this stock to closely, but I see no news as to why?
allit takes is a couple of nervous fund holders to sell one with a profilt because of the fiscal cliff meltdown going on...I think nothing to do with BXs fundalmentals.. IMHO
Sentiment: Strong Buy
This stock was pumped up. There is plenty more room for this stock to fall. The technical default that is coming will greatly effect this company and people are starting to realize what I know all along. That the default is coming.
Sentiment: Strong Sell
but why this stock compared to others. It there some special risk associated to the default.