Bx - Blackstone Ipo

As Richard Pryor used to say -

that's some pretty said dingus.

If I were with BX I'd be looking for some heads to chop right about now.
 
Quote from blackchip:

As Richard Pryor used to say -

that's some pretty said dingus.

If I were with BX I'd be looking for some heads to chop right about now.
More...

Why? It opened up much higher than the offering. It's only a small percentage of the company. I am surprised it's trading so low though, but it's a small part of the company they sold and no one really knows what their shares are worth or how they'll be in the future.
 
It looks bad to let it slide like that.

Looks like somebody got on the stick now tho.

Quote from SiSePuede!:

Why? It opened up much higher than the offering. It's only a small percentage of the company. I am surprised it's trading so low though, but it's a small part of the company they sold and no one really knows what their shares are worth or how they'll be in the future.
More...
 
Quote from blackchip:

It looks bad to let it slide like that.

Looks like somebody got on the stick now tho.
More...

I guess it looks bad. It's still up fairly nicely...I find it most interesting that the IPO couldn't fuel the market which seems to be very averse to the market's actions in the last year or so. This is the biggest IPO in 5 years by value and the fact that it's not propping the markets up should be worrisome to bulls I'd think.

Be interested to hear what others think about today's action considering the IPO.

Cheers bro.
 
This ain't know CME, it's a buyout firm cheap money may be going bye bye.

I remember alot of hype like this around Transmeta, a chip company total flop.

These guys are just wanting to get richer, their company is leveraged to the hilt.
 
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