usually a stock gets pushed down before big news. They mentioned talks with V and major players are on going......once a deal hits it will be up 5-10 % just go to sleep now and buy @ 36
or 30 if markets blow up
For a reason. BLK is up big from the split. While BX remains stuck in the rut, if you bought @ sub 10 during the crisis that was fine, but now its just an over inflated dinosaur and the rich are finding ways to cut out BX and their fee
within the industry but BX sits here and does nothing. Something is wrong....would be amazing if this were some sort of 'set up' for big investors to get fleeced
why would Stevie want to give back even more? Shareholders get enough with a paltry distribution that keeps getting smaller
Nope buybacks are free money yet Stevie is holding the cash to himself....while cutting the distribution.
BX are the smartest guys in the room at taking other peoples money.
beat on revs and CNF up an amazing 138% +++ that is going to mean massive growth in the future.
the company is doing well the stock is acting like junk
Because no one is able to understand the value they have. Plus not many know about BX....right.....right? Steve gets paid whether bx is 4 or 400
odd the CEO delayed ER and cited this news so investors could let it 'sink in' Wouldn't hold my breath as these things can take sometime but FTK is in a great position.
raise more capital and charge a fee for holding it. Excellent business model
actually looks like buyout rumors are circulating. HAL just issued a release saying they are going to aggressively start buying up small companies. FTK fits this genre
Would deliver lots of gains. and maybe use the profits to increase the distribution?
once real estate finally cools off they are going to get hit hard. That is true, however their cash levels are unreal. Surprised the market doesn't assign much value to it