Bx - Blackstone Ipo

Discussion in 'Stocks' started by derock1004, Jun 20, 2007.

  1. 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.
     
    #51     Jun 22, 2007
  2. Check out Fortress. It's getting crushed.
     
    #52     Jun 22, 2007
  3. There were way too many shares for sale, and whenever the insiders are openly dumping, these things never pan out.
     
    #53     Jun 22, 2007
  4. Div_Arb

    Div_Arb

    Good point - BX is dead on arrival.
     
    #54     Jun 22, 2007
  5. Yeah, trying to sell a mystery package is a little nutty. :D
     
    #55     Jun 22, 2007
  6. they may bring this one back up from here .
     
    #56     Jun 22, 2007
  7. zdreg

    zdreg

    why?
     
    #57     Jun 22, 2007
  8. 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..
     
    #58     Jun 22, 2007
  9. Maybe because of Schwartzman pals on the street, you know their kind are quite clannish. Money won't get you to heaven.
     
    #59     Jun 22, 2007
  10. zdreg

    zdreg

    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.
     
    #60     Jun 22, 2007