% | $
Quotes you view appear here for quick access.

The Blackstone Group L.P. Message Board

  • carolyn_novice carolyn_novice Dec 3, 2013 8:41 PM Flag

    Question from ehpb1 BX at 28.53

    Google search

    “New high lows NYSE”

    ehpb1 Odds would be terrible IF all stocks were equal.

    Stock market is close to new high as judged by DJ & SP

    But there are only 52 new issues made new high on NYSE and 87 new lows out of 3,181 issues traded.

    We can consider BX is an exceptional stock, since Nov 20, 2013 at 26.79 it was up for 7 days in a row to 29.10 on Dec 2, 2013, it was up 8.62% or more than 1% every day.

    The only news we are bombard with Hilton IPO. Move was in anticipation of IPO.

    There is difference between horse race and stock market, in horse race you can calculate your odds and place you bet. If you are wrong you lose all. In market the best brains compete to be one step ahead of each other, but it allows you to change your bets, and one can exit the race and cash the chips. As far I am concern BX is not the top 5% of the cream of the market. So I cashed my chips today.

    Now it is my learning time to see if your wisdom about BX is better than Novice.


    Carolyn Novice
    After hours ….Volume = 234, 649, range 28.53 – 28.63…last trade 28.53

    I do not own BX now.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
27.82-0.34(-1.21%)Aug 25 4:04 PMEDT