I am putting you are IGNORE....you are spending false alarms and being an Engineer and ex broker with E. F. Hutton your comments are baseless.. you are now on Ignore so not interested in your comments..
spoke too soon.. sorry to see it back down here..broke out at 2.60.... see if that is the support..of course people seeng with the market hit too...
Blackstone Group (BX)
Blackstone is the only alternative asset manager we consider to have a wide economic moat. The firm is the largest and most diversified player in its industry, with the strongest record of strategy innovation and fundraising. Blackstone is unique among alternative asset managers in that it has scale across multiple asset classes: real estate, private equity, credit, and hedge fund allocation. It is nearly always a contender for new assets, as it has access to more than 1,300 limited partners and more than 900 investment professionals. Furthermore, we estimate that 60%-70% of Blackstone's limited partners invest in more than one fund, indicating strong cross-selling ability.
hard to tell what has happened but time will tell :) dont know if the annoucement of the special and annual meeting had an influence???
Annual And Special Meeting of Shareholders for the INTELLIPHARMACEUTICS INTERNATIONAL INC. takes place on April 21, 2015. Shareholders as of March 6, 2015, are eligible to cast a proxy vote. The CUSIP Number for this security is 458173101.
La Quinta's stock falls as largest shareholder trims stake
Published: Mar 23, 2015 4:29 p.m. ET
NEW YORK (MarketWatch) -- Shares of La Quinta Holdings LQ, -2.22% slumped 2.4% in after-hours trade Monday, after the hotel operator said The Blackstone Group, its largest shareholder, was cutting its stake by nearly a third. La Quinta said affiliates of Blackstone have launched an offering of 17.5 million shares, and have granted the the underwriters of the offering the option to buy up to an additional 2.625 million shares. The most recent filings showed that Blackstone held 59.04 million shares of La Quinta, or 45.11% of the shares outstanding, according to FactSet. La Quinta said it would not receive any proceeds from the sale of shares. The stock has gained 8.1% year to date through Monday's close, while the S&P 500 has edged up 2.2%.
The Blackstone Group L.P. (BX) of the Asset Management sector closed out the day at $38.69, a loss of 0.00% and return on investment of 20.90% trading at a volume of 3,413,190 shares. The Blackstone Group L.P. (BX) is performing above average with a weekly performance of 1.95% moving into this week with a quarterly performance of 16.75% and a 52 week low of 50.95%. The Blackstone Group L.P. (BX)’s monthly performance sits at 3.12%, profit margin 21.20%, -91.75% insider transactions. The Blackstone Group L.P. (BX) is a good stock in the Asset Management industry with an averaged analyst rating of 1.7(-) BRX, (-1.3%) Launched secondary offering of 22.5 mln shares by shareholders affiliated with Blackstone's (BX) Retail Transaction II Holdco LP, trimming its ownership stake to 125 mln shares, or 43% of its outstanding stock, from 49.3%.
thought thery would be some selling after the runup and no news...except for announcing the annual meeting.. looks like $3 has the sellers there...always interesting to watch the action..long here 3,000 shares..patient investor here..
well always nice to hope..long here 7,000 shares..maybe it could be just the very HOT biotech group and some spillover.. anything is possible..maybe just short term tradrs playing whatever they can...
3,700 to buy at 2.55 and 300 to sell at 2.56...of course who knows what orders are waiting and the 2.60 area is the big hurdle..seems it will take some news to get above 2.60..stocastics getting up to overbought..
The Blackstone Group L.P. (NYSE:BX) had its "buy" rating reaffirmed by analysts at Deutsche Bank ( ). They now have a $44.00 price target on the stock. 13.7% upside from the previous close of $38.70. Tweet This.