Do not understand why COMCAST has shares CMCSA CMCSK and CCV. First two are pretty identical, but the third - very different, goes down all time.
Can you, Gurus, explain it? - thank you and Good Luck!
...so, please use it. Open BX information and check BX one-year chart (not one day chart, please). You will see going steadily up BX price - yes, with approximately seven up-and-down bumps. Some of them are smaller that that last one, and two are definitely bigger...
That's how share prices rise. There are always some concerns and there are (unfortunately) a lot of speculators.
But the MAIN direction for next few months will be the same, I believe. BLACKSTONE is very active; this week they had one successful IPO and already announced second one (Extended Stay chain); in November there will be HILTON IPO, probably a huge one. All that stuff they bought for pennies per dollar and now enjoy gains.
I am long BX and also have multiple bullish options.
Sentiment: Strong Buy
If you use today adjusted earning $0.25 - it means approximately $1.00 per share yearly earning.
That gives P/E = 50 - not bad for such a growing company.
Sentiment: Strong Buy
Maybe it's a garbage - depends on the definition of word "garbage", but millions around the world use it. Every day and many times per day.
Yes, MLP can be good, but they are very different. They are fluctuating with the market and alone, while QUIBS - like preferred shares etc. - in good times will stay constant and provide predictable yield.
Particularly CLMT, which you use, looks suspicious to me (although I did not dig it). Something going on with the company. Last quarter they earned 5c per share - with expected earnings 82c. They have strong negative growth 84% this quarter and 75% projected next quarter.
Maybe it is really good time to buy on dip, but should be researched. You will get update on Nov 05 earnings announcement - but it is possible that selling before will be the better option.
To all owners of 8% Hilton QUIBS: they will be fully called out on Nov. 25th, with the price $25 plus unpaid interest - looks like no premium. Blackstone is going to put Hilton on IPO soon.
I do not think you can reject the offer likes during previous call for these QUIBS.
It was a nice investment! It was a backbone for both my IRA and regular brockerage account; I was buying shares at all prices between $5.10 and $25, with the average price around $13 (and correspondingly average yearly dividend around 15%)
I wish Good Luck to all QUIBS owners. I do not have a good replacement - something which will stay as a rock for 10+ years with 8%+ dividend; I am afraid these choices are absent.
I bought recently some GS-B preferred for price around $23-$24, which gives close to 7% yield and looks solid.
I also have a lot of SFI preferred shares for many years, which offer better yield and which also went from a few dollars apiece to around $22-$24 - but they are not so reliable, subject to market fluctuations.
I also plan to participate in HILTON HOTELS IPO which will be relatively soon, do not know exact time frame - but that's very different story.
Once more - GOOD LUCK!
This is obviously relief rally, after a few days of panic. BX (and the market too) returns to the pre-panic levels.
I agree that the government "tricks" can continue and being long is a bit dangerous - but I am still long.
I have BX shares and also $23 calls expiring in 8 days (they cost me $0, I used "risk reversal"). I will wait a few days to sell the calls - believe/hope they will go up a bit.
There is no sense - there is no MUCH sense - to sell BX now, a few days before quarterly report. Report should be good, BX is very active and very successful, and world economy going, overall, up. I do not expect big/huge move (stock is 25% up already in 3 mo), but something like $27-$28 after the report.
Didn't understand you well. Do you mean "last hour of every trading day", or only today?
And why? Can you please explain?
The shares were up 15% in a month and 25% in 3 months. It's a regular thing for high-flying stock to pull-back temporarily - especially under shutdown-defaulf fears.
Check their 1-year or even 1-month plot - you will barely see the drop, and also you will see 3-4 identical drops in the past with the quick recovery.
Fundamentals and news are strong. They selling Hilton and Extended stay for a big profit and they are the winners.
And don't pay attention on those psusucker posts. This guy goes from board to board and fills them with identical non-proven posts. Ignore him by two clicks.
What a comment!
GM humiliated poor people by selling "bad" cars for $15K and "good" for $100K
COSTCO humiliated poor people by selling regular milk for $3 and organic for $6,
and so on.
Not fully agree.
RAD rocketed from $1 to $5, from penny stock to regular one.
Now it is a regular stock with some pluses (like great management and momentum) and some minuses (like a really huge debt). It can go up to 5.50-6, can go a bit down, and even can be acquired which is a distant probability.
There is no reason for it to really "rocket"
Today Apple pattern almost exactly follow S&P. More: many stocks - I checked verity different ones like GS, RAD, FB, TSLA etc - have the same pattern: stable or slight rise in the morning, then sharp drop, then a bit of recovery.
Such a huge correlation is a very bad sign - it is typical for big market drops and corrections.
In common, I like the repurchase for SFI, but...
I will prefer if they use instead ANY possibility to reduce their HUGE long-term debt. Not sure any other REIT company has such a big debt-to-market value ratio.
They are (successfully) managing the debt so far, but what if - let say in a year or two or sooner - the debt environment will became worse? Of course they can always sell some assets - but the forced sell is not the best thing usually.
This is big risk for us - both for common and preferred shares.
Good Luck to everybody!
RAD has $5 B of long term debt, and additionally $1 B of "other liabilities - do not know exactly what it means.
But together is TWICE more than Rite Aid market value. They slowly decrease the debt - which is good; but very slow.
I am long RAD - but with that debt level I do not expect 10% jump. Modest increase or even a small step back is very possible; I did NOT buy shares these last days.
this stock will not go down much (unless overall strong market sell-off, which is actually possible).
I am long BX, and recently bought (for free) October Risk Reversals (bought Oct Call $23 and sold Oct Put $22) So far it is working fine - exactly opposite to what that "psusucker" posted.
Good Luck to everybody!
Did not undserstand your question "I am interested in this bui - vehicle - any more information". What is BUI?
Also, please tell me - if you know - the ex-dividend date for these Hiltons.
Thank you -
I did not get you. I am long BX too, recently bought more - shares and some options (Risk Reversals) and happy with it.
In one year it is up 60% strongly outperforming S&P (and don't forget 4%+ dividend!)
In two years it is again 80% up.
Yes, it was higher at IPO point; but that was before famous 2008-2009 dip - and everything before it should not be considered. Too ancient history. Y. 2009 crossed it away.
I also think BX will go higher - but it will not sky-rocket. Do not forget about rising Interest rates - this is a very unfriendly environment for Private Equity.
Good Luck to everybody!