KKR made anew High can BX be behind BX at 28.41
Cpataxweb Why is this stock so cheap?
One of the best asset managers trading at 9 forward PE?
The same question was asked
Nov 3, 2008….. 4.15… Low
Oct 1, 2008….15.95…High
1. Lot of investors got burned,
2. Still old timer are holding to breakeven
3. World holding can change look at Egypt
4. India devalue more then 20%
5. China property bubble can be like US or Japan.
Wise trader should hold on until before the music stops.
Price of all the new issues are doing well and BX still in an uptrend. Please keep in mind high volume trading and no price change in a week or so.
Last year everyone asked why is gold going up, then every one loaded, and now every is unlading.
AAPL has always had good earning but topped out when every one though it was going to $1000.
Goldman Sachs Group Inc GS:NYSE made a new high and hold more than 30,000,000 of BX, I think.
Once the demand of BX increase with IPO, like Hilton, keep am eye for them to unload some. GS bough stock around Nov 3, 2008 around $5.00
I am long on BX and KKR and a trader, if there is a spike after new high and volume jumps more than 50% I will be out.
Sentiment: Strong Buy