Bx - Blackstone Ipo

[michaelscott]

Well, looks like this is going to be another Vonage like IPO with the price flaming in. Lots of hype of being "7 times oversubscribed". Price opens up at 45 and quickly drops 10 points. In the days to come it will probably drop another 10 or so. Everyone flipping the IPO at the open and then in a few days those who established a position today will be selling at a loss.

 

[ByLoSellHi]

Check out Fortress. It's getting crushed.

 

[Triple X]

There were way too many shares for sale, and whenever the insiders are openly dumping, these things never pan out.

 

[Div_Arb]

Quote from Triple X:

There were way too many shares for sale, and whenever the insiders are openly dumping, these things never pan out.

Good point - BX is dead on arrival.

 

[SiSePuede!]

Quote from Div_Arb:

Good point - BX is dead on arrival.

Yeah, trying to sell a mystery package is a little nutty.

 

[executioner]

they may bring this one back up from here .

 

[zdreg]

Quote from executioner:

they may bring this one back up from here .

why?

 

[executioner]

looks like it found a bottom in the 35.60 range and is attempting to bounce..the selling might be done for a few hours..

 

[myminitrading]

Quote from zdreg:

why?

Maybe because of Schwartzman pals on the street, you know their kind are quite clannish. Money won't get you to heaven.

 

[zdreg]

Quote from myminitrading:

Maybe because of Schwartzman pals on the street, you know their kind are quite clannish. Money won't get you to heaven.

green is not clannish,. they would accept support from your people if they had a pot to piss in.

care to name their kind. or no balls as i suspect.