Short interest had a huge drop of 22% now sitting at 18 million shares. Really good sign that they're throwing in the towel...
Whale watching ... Our resident PRO entered a short side gap fill trade at $30.90 targeting a fill down to $30.05 for a scalp of $0.85. BX closed on Friday (5/26) at $32.58. The trade is underwater $1.68 at this point, which is twice that of the expected reward.
Are there any questions?
Five day chart is extremely impressive. I cannot remember seeing this stock make a 10% move over a short period, and hang on to the gain. Let's see what next week brings!
always sells off, never been more cynical about any stock I have ever owned. Just pure frustration with BX.
Market timing never payoff.... Look what the traders and shorts lost last week.... Sure there are ups and downs, but better places for the traders, paid bashers and shorts to go... Look for BX AUM to climb over 400 billion in AUM within the next two quarters. This will mean a more consistent fee flow. Plus they have been doing well with dispositions in a weak IPO market. Right now there unrealized fee should grow again this quarter, maybe by $200 million! Best in class stock when you consider their AUM growth equals their next three rivals. This stock is the disruptive influencer in this segment.
this was at $43 two years ago WITHOUT the Saudi 20 billion investment, where should it be now?
Schwartzman wants to be as rich as Fink of Black rock. watch for steady diet of news and 50 by end of Fall.
BX is extremely OVER BOUGHT ~ The juicy GAP of $1.30 is setting down there between $31.35 and $30.05 Eventually, the gap WILL get filled ... this is a short traders dream for BX to go to at least $30.05
5/23/17 Credit Suisse Group AG Reiterates Blackstone Group LP (BX) Outperform $42.00 -> $45.00
can you believe it, in the red, #$%$ shorts and traders, we need to blow them out of the water
What a refreshing smell in this message room this morning. Shorties must be covering their shorts.
that's it, let's clear out the shorts once and for all
Extremely undervalued. Excellent growth, and high dividend. I'll see you a $60 PPS within 10 months
I don't get why someone wouldn't hold this for 20+ years...that is if you have that kind of time. Patience is a virtue.
does anyone think it makes any sense at all for this to be down? Traders just won't let go of this stock.
What is the expected amount of the dividend for 2017? Thanks in advance for any responses.
here we go, up up and away, Saudi investment in Blackstone has changed everything
blow off top ... gap fill ... sell in may ... multiple tops ... What's next? Sooooooo funny
This move is just the beginning. Growth is exploding across all divisions. My guess BX hits $60 by end of year. Even at that price, the company's dividend is still higher than most stocks at 4%-5%. Giddy upppppp!!