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The Blackstone Group L.P. Message Board

harry_wild 3 posts  |  Last Activity: Jan 22, 2015 3:02 AM Member since: Dec 28, 1999
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  • harry_wild harry_wild Jan 22, 2015 3:02 AM Flag

    Most Chinese Stock Experts in the U.S. believes Chinese companies have "gone dark"--withdrawn from U.S. exchanges and stopping filing with the Securities and Exchange Commission--to intentionally depress their stock prices and enable the companies to go private at lowball levels. Many shareholder are the victims of China-based companies that IPO in the US but then “go dark” by parting ways with their accountants or simply refusing to file financial reports.

    As a result, shares of the company tank and shareholders lose. In some instances, the companies buy up the shares at severely reduced prices and go private. Others, just go dark and change the name of their companies and take the entire assets of the public company's assets under the new name! Thus, they have stolen the company when they gone dark and rename the company!

  • harry_wild harry_wild Dec 2, 2014 4:59 AM Flag

    BX came out in 2007 at $33 a share and went as high as $38 a share. It is worth a lot more now then back in 2007! I just waiting for them to sell the rest of the Hilton shares. That should bring it past the $38 per share back in 2007! If the worldwide economy starts rolling in 2015; 2017 should be a great year for BX!

    Sentiment: Strong Buy

  • Reply to

    Win Win situation

    by rationalthought3 May 27, 2014 7:58 PM
    harry_wild harry_wild May 29, 2014 12:29 AM Flag

    The actual amount is: "The $163 million breakup fee in this scenario is roughly equal to Pinnacle’s 2013 net income." From Bloomberg News!

    Sentiment: Strong Buy

BX
43.3296+0.1496(+0.35%)10:56 AMEDT