Stevie is basically a legal bandit using others funds to bilk others.
What is the "true" intrinsic value of BX exclusive of fees, mortgages and loans, not enough. The company is heading down...
The unwinding of BX has begun. Real Estate is the noose that will hang em. Bad decision will sink BX.
Nothing positive in near term for BX. And to top it off Jim Cramer recommended them.
BX is moving into poor investments at the wrong time. The managers at BX are overcompensated for their feeble attempt at slicing the dollar into smaller and smaller portions and extracting their fees. The dollar only goes so far and the BX runs out of margin. That time of negative return/margin is rapidly approaching.
Sentiment: Strong Sell
Time to go short BX . Real Estate will be their undoing.
Sentiment: Strong Sell
HD should counsel its management not to recommend the stock to employees or an employee should record the meeting and use it to their advantage when the company stock tanks.
Home Depot is riding a minor crest of the improving housing and economy in general. However a poorly managed and staffed company can only grow so far before retracing. Their entire retail store model harkens back to the early 20th century. Poor stock management, very high stock shrinkage and under paid workers. They are similar to Walmart, but they do offer token quarterly bonus potential to hourly workers that can amount to few hours pay. They are big on food and fundraising in the employee base but very worried about any union organizing the troops and actually getting living wages, benefits and a manageable work life.. The $15.00 minimum wage will hit them hard and a union effort might actually get upper management to dig into the basic problems that can't be sugar coated by crock pot suppers and stretching exercises.
Their model has serious flaws and it will eventually erode the company.
BX will lose billions on the recent real estate purchase and try and palm them off to someone else. Total idiots........
BX is a poorly managed enterprise with overstated frictional cost and excessive compensation to management. It deserve a lower price.
BX is a superstar at rewarding insiders at expense of unit owners. Fleece em says Stevie.
Real Estate investments will cause downfall of BX.
Nice lady just not capable. Need joint leadership at IBM.
GS are crooks lock em up. They sell to their customers while shorting all the way. Low life dirt ball Middle east North African transplanst via NY.
Avoid Avoid. Bad karma here.
Time for her to leave, pronto!!!!!!!!!!!!!!!!!!!!!
BOD better replace her and cut their own compensation,too.
BX got snookered on their recent real estate purchases. NYC market being undermined .
BX is not too smart and it shows.
The underlings at BX are appearing more and more incompetent. Real Estate investment was ill-timed and is teetering.