At Blackstone (BX) it will be the cause for the popping of corks. The Hilton IPO is expected to reap paper profits of $8B to mark the 2nd biggest P-E payday of all-time.
Sentiment: Strong Buy
That profit is only on paper. To convert paper profit, HLT stock has to be sold. At $20 with earnign and PE less than BX, and no dividend.
Better than a loss
next divy should be plump!!!