Sandy don't listen to them......Worthless. But to play the bull case given the market scenario it should be at 32 right now.
Price pays and its telling us something is wrong
CG is robust KKR off lows after posting a loss and this keeps trending down.
and the distribution is getting axed.....will next QTR too.
Sinking ship, CG is the new play
simple...it all comes down to whether the company thinks their stock is undervalued or not. CG said it was so cheap in the 11 range. Look at it now....they bought up a ton of stock. BX said they are worth 90+++ and did nothing (very odd) when you get that much a discount you buy hand over fist.
Something is not adding up with BX anymore.... Now any comfort to longs you need above 30.5-31 to really start a new uptrend. But its looking bleak with no catalyst.
They do have a sound plan it seems, however....any and every stock that has appreciated tremendously is implementing a buyback...buybacks are fueling this stock market rally
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
Would deliver lots of gains. and maybe use the profits to increase the distribution?
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
raise more capital and charge a fee for holding it. Excellent business model
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.
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
the company is doing well the stock is acting like junk