Sticking with the apples to apples comparison, BX has a higher institutional ownership that KKR, and CG is much lower ... I suppose they're headed for the pink sheets???
These where the first 2 I could think of and they were both lower. What is the industry average I wonder???
T. Rowe Price Group, Inc. (TROW) 70% about the same
The Bank of New York Mellon Corporation (BK) 80% close to BLK
It seems that BX % ownership is in the ball park and certainly not an anomaly on the low side.
What else ya got shorty?
Thanks for the chart view ... finally, I got one of your messages ... I sees the squeeze on the BBes
should be ironed out with this earnings. The previous report covered mostly pre-announcement business. The market wants to see some actual post discount numbers ... let's see what happens.
He or his bosses are short and think they can move the needle by bashing ... My belief is that if not properly executed, this tactic can galvanize folks with a long position. Either way, there are not enough people participating on this board to move the needle.
With the major indices all down about 1% today and BX up 1.25% and having moved higher, faster as the indices moved lower faster ... THESE GUYS HAVE A PROBLEM
So, can we assume that BLK is not a PE firm and thusly, comparison to BX is invalid? Your call.
How did your long & short combo work out today? Me thinks you got it backwards. Time to double down???
The article seems largely positive. It is typical to have an eye catching title.
"That history notwithstanding, many market watchers believe the outlook is bright for advisory businesses like PJT, Perella, Centerview and Houlihan. While many banking operations have been subjected to price cuts, advisory fees "have held solid for decades," according to Rafferty Capital Markets analyst #$%$ Bove. He said the business of advising on deals has better prospects at the moment than any of the other banking-related industries he follows. "
In summary ... It's good to be long
That's called good PR ... What kind of response would you put out smart guy?
I remember when you were mouthing off on the BX message board early last year when it was range bound in the high 20's - low 30's. ... 2 bucks in distributions and ~30% PPS appreciation later ... I'm still holding my shares.
So, kindly bash away Carolyn ... I'm selling your noise just as I did before.
or it could be one of those scams where you get nailed with a big phone bill charge by calling that number