Bx - Blackstone Ipo
- Thread starter derock1004
- Start date
Me neither, although I certainly should be given as long as I've been doing it.
"To profit from the stock price going down, short sellers can borrow a security and sell it, expecting that it will decrease in value so that they can buy it back at a lower price and keep the difference. The short seller owes his broker, who usually in turn has borrowed the shares from some other investor who is holding his shares long; the broker itself seldom actually purchases the shares to lend to the short seller."
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=bx&sid=0&o_symb=bx&x=0&y=0
What's with the "closed higher" hype.
Yahoo Finance has it closing down. BigCharts has it "unchanged", but not when comparing Open to Close.
So those in before the IPO debut flipped them and made 15% and the retail crowd didn't?
What's with the "closed higher" hype.
Yahoo Finance has it closing down. BigCharts has it "unchanged", but not when comparing Open to Close.
So those in before the IPO debut flipped them and made 15% and the retail crowd didn't?
Carlyle delayed the sale as shares of Blackstone Group LP, manager of the world's second-biggest buyout fund, dropped below their IPO price
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a2SjbpU_ZQJY
Ooppss...Too bad...
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a2SjbpU_ZQJY
Ooppss...Too bad...
Carl Icahn: I Tried To Short Blackstone
Carl Icahn tried to short the stock of the Blackstone group immediately after its IPO, the billionaire "corporate raider" told an audience at a conference sponsored by the Wall Street Journal.
"I tried to borrow the stock but I couldn't do it in time," Icahn said.
After he spoke to the conference, Icahn asked reporters not to print the story of his attempt to short Blackstone. Although he had bashed executives and told the audience that private equity had peaked, Blackstone was one of the few companies Icahn discussed specifically.
Carl Icahn tried to short the stock of the Blackstone group immediately after its IPO, the billionaire "corporate raider" told an audience at a conference sponsored by the Wall Street Journal.
"I tried to borrow the stock but I couldn't do it in time," Icahn said.
After he spoke to the conference, Icahn asked reporters not to print the story of his attempt to short Blackstone. Although he had bashed executives and told the audience that private equity had peaked, Blackstone was one of the few companies Icahn discussed specifically.
This thing goes down every day, what a failure.